Beef Factory Price

Weekly Mart Prices 

Mart prices continue to trend upward across the country this week across all classes of cattle. This is largely being driven by a continued increase in demand from buyers despite increased volumes of cattle.  Bullocks (Steers) prices averaged €2.51/kg, Heifers €2.42/kg, PB Bulls & Suckler cows €3.61/kg, Dry Cows €2.35/kg, Weanling Bulls €2.35/kg, Weanling Heifers €2.35/kg and Calves €2.55/kg. Several reports are beginning to emerge that many dairy farmers have either begun or considered transitioning over to beef with the derogation limit due to reduce to 220kg/ha from 250kg/ha on January 1, 2024. A c.50% fall in milk prices falling from highs of 57c/l in 2022 to 33c/l, higher input costs and an increased need for additional land capacity in order to maintain the same dairy cattle numbers.

Breed 
Bullock
Heifer
PB Bulls & Suckler Cows
Dry Cow 
Weanling Bulls 
Weanling Heifers 
Calves 
AA (€/kg)
€2.50
€2.31
€3.65
€2.05
€2.38
€2.35
€2.11
BB (€/kg)
€2.70
€2.61
€3.34
€2.11
€2.27
€2.34
€3.07
CH (€/kg)
€2.64
€2.65
€3.01
€2.50
€2.48
€2.58
€3.00
FR (€/kg)
€1.99
€1.87
N/A
€1.44
€1.85
€1.82
€1.92
HE (€/kg)
€2.45
€2.20
€3.94
€2.26
€2.82
€2.16
€2.30
LM (€/kg)
€2.61
€2.66
€3.86
€2.08
€2.27
€2.75
€3.42
SIM (€/kg)
€2.58
€2.65
€3.90
€2.79
€2.34
€2.43
€2.01

 

Source: Marts Ireland 

*Please note that these prices are an average of prices quoted directly to us by over 50 marts across the country and may differ to local prices depending on your specific location

Weekly Factory Prices

 

For the third consecutive week in a row beef factories across the country increased their prices across all cattle classes despite rising interest rates and stubborn levels of inflation. Average Bullock (Steers) prices are up +2c (+0.4%) to €4.69kg, average Heifer prices increased by +2c (+0.4%) to €4.74 and Dry and Suckler Cows reported the largest jump increasing by +7c (1.8%)to €4.12kg.

 

Bullocks
Heifers
Cows
Price (€/Kg)
€4.69
€4.74
€4.13
Week-on-week (Increase/Decrease)
+€0.02
+€0.04
+€0.01
Weekly % Change
+0.4%
+0.4%
+0.2%

 

Sources: ABP, Dawn Meats, Kepak, Moyvalley Meats, Eurofarm Foods, Liffey Meats, Slaney Foods, Foyle Meats, Ashbourne Meats  and Meadowmeats

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