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AHDB Cattle and Sheep Weekly

26 September 2016

AHDB Cattle and Sheep Weekly - 26 September 2016AHDB Cattle and Sheep Weekly - 26 September 2016

Robust cattle trade for another week

Despite the upwards movement in the trade in recent weeks, encouraging producers to market cattle, prices moved up again in the latest week ended 17 September. The GB all prime average strengthened just over a penny on the week earlier to average 354.0p/kg. However, while overall the uplift was slightly less aggressive than it has been for much of the past three months, it was entirely as a result of young bull prices easing. There is still no doubt that competition from processors is a feature of the market, waiting lists are non-existent for both scheme and commercial cattle as processors seek to meet their retail orders and maintain their cold room stocks. Average R4L steer and heifer values both moved up another 2p on the week at 367.9p/kg and 367.6p/kg. In contrast, R3 young bulls eased back 3p to average 345.0p/kg.

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