Prices boost as num­bers drop

Irish Independent - Farming - - BEEF RINGSIDE -

ONE of the most no­tice­able fea­tures of the early 2019 mart trade has been the fact that in some ar­eas num­bers are back by up to 20pc.

While in other ar­eas num­bers are fluc­tu­at­ing from week to week but are av­er­ag­ing about nor­mal. Some sales yards last week re­ported an im­prove­ment, but snow­falls re­sulted in a sharp fall-off in marts in the mid­lands and north-west.

Prices are trend­ing stronger, par­tic­u­larly for the very top qual­ity lighter store.

Patsy Smith of Dowra Mart said: “Those bet­ter cat­tle are go­ing up €10-30/hd ev­ery week since we came back.”

Move down to Din­gle in Co Kerry and Nelius McAuliffe has a sim­i­lar story, as he re­ported a “great trade” for small cat­tle.

If you’d stopped off for a chat with Michael Harty in Ro­screa last week, he would have told you that he clocked men he iden­ti­fies as sum­mer graz­ers get­ting in early and buy­ing lighter stores to put to grass — if not im­me­di­ately, then as soon as ground con­di­tions will al­low.

All of this pos­i­tiv­ity saw the bet­ter or top quar­ter bul­lock in the 300-399kg sec­tion av­er­age €2.43/kg, giv­ing a price range of €729-970/hd last week.

In the 400-499kg di­vi­sion, your bet­ter-qual­ity bul­lock av­er­aged €2.28/kg, giv­ing a price range of €912-1,138/hd.

Av­er­ages above 499kg, how­ever, saw the 500-599kg bul­lock slip back by 3c/kg last week, while the 600kg+ an­i­mal fell a very sig­nif­i­cant 11c/ kg or €66+/hd.

That fall in the 600kg+ di­vi­sion was to be ex­pected as the pre­vi­ous week the slight im­prove­ment recorded stalled at just 1c/kg.

Last week, the mar­ket took that very mod­est 1c/kg back and then some.

In sum­mary, is the drive by some to pur­chase those topof-the-range lighter cat­tle a re­sponse to the un­cer­tainty that Brexit may bring?

Buy them good, buy them young and let them grow into the money.

Newspapers in English

Newspapers from Ireland

© PressReader. All rights reserved.