All change as some stock take a €75 to €90/hd hit
TWO weeks ago it appeared that a corner had been turned on the balance between numbers and buyers. Bigger sales coincided with bigger numbers of buyers arriving ringside.
Weeks of ringside price wobbles and reversals were corrected as the trade at first steadied and then headed upwards on the back of extra demand.
Last week the trade gave back almost all of those gains and then some. Why?
The answer is simple according to John Curran of Carrick-on-Suir Mart: “Men are getting full up,” he says.
It’s a view that extends far beyond just Carrick-on-Suir with other mart managers concurring and explaining that as mart sales have been stronger on average throughout the year, a lot of buyers have “a majority of their shopping done”.
While I can see the logic in this analysis, the cattle trade in Ireland is no longer solely dependent on just traditional farmer buyers.
Feedlots and those with
This 540kg, 2015-born cow sold for €950 at Mountbellew Mart yesterday in a dispersal sale of 55 cows from the local Agricultural College’s dairy herd.