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AHDB Cattle and Sheep Weekly


23 November 2015

AHDB Cattle and Sheep Weekly - 23 November 2015AHDB Cattle and Sheep Weekly - 23 November 2015


No movement in the prime cattle trade

The equilibrium in the cattle trade has continued for another week as supplies are very finely matched with demand. Reports suggest that while some processors have offered a couple of pence more on their base price, others have edged back their bids a similar amount. Consequently in week ended 14 November the GB all prime average was unchanged week on week at 343.5p/kg. Overall steer and heifer prices were both level on the week at 345.5p/kg and 345.4p/kg respectively, while the young bull overall average came back two pence to 319.5p/kg.

While this broad stability has been a feature of the market for the past month or so, this time last year deadweight prices had been steadily moving up. Consequently the trade continues to trend below last year’s position and in the latest week the R4L steer differential on the corresponding week last year was up to nine pence per kilo.

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