SLAUGHTER prices for both prime and cull cattle are seeing year-on-year increases, with the 15 per cent increase for cull stock, outstripping a 12 per cent increase for prime stock.
"Looking at the cull stock category, the indications are that there has been an increase in beef cow slaughtering this year, while dairy numbers have reduced slightly," said Stuart Ashworth, Head of Economic Services with QMS.
"While this is slightly concerning in terms of the outlook for the size of the beef herd in the future, there are indications from census and BCMS data that there are more beef-sired heifers currently on farms that could be used for breeding than there were last year."
It is not just the UK that has seen firm cull stock prices. In many major EU beef-producing countries prices are 5-10 per cent higher than this time last year.
Strong prices for both prime and cull stock across Europe point to demand exceeding supply and - given the particularly strong cull stock prices - an increased demand across Europe for manufacturing beef.
Market round-up
Messrs Craig Wilson Ltd sold 60 store heifers at Ayr on Thursday to average 223.7p per kg (-2.7p on the fortnight), while 91 store, beef-bred bullocks levelled at 231.1p (-5p). Thirty-two store, B&W bullocks averaged 153.6p (-4.3p).
C&D Auction Marts ltd sold 2520 prime lambs in Longtown on Thursday to average 215p per kg (-22.4p on the week).
The firm also had 2837 cast sheep forward when heavy ewes averaged £81.80 (-£5.43), while light ewes levelled at £40.57 (-£14.65). Rams averaged £96.66.
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