AHDB Cattle and Sheep Weekly
14 June 2016
AHDB Cattle and Sheep Weekly - 14 June 2016
Another favourable move in the cattle trade
In the shorter bank holiday week ended 4 June, the deadweight cattle trade moved up again.
The GB all-prime average strengthened another penny on the week to average 319.1p/kg. This move up again continues to reflect that the supply/demand balance is still just tipped into producers’ favour. The all-prime average has strengthened by over 9p/kg since the low point in the year so far, at the end of April. As such, prices have generally moved closer to last year’s position. In the latest week, the differential has narrowed to just 8p/kg, for much of the early three months of the year it was over 30p/kg.
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