Prices are set to rise as the number of top stocks begins to fall

Last week there was considerable disruption in market trading as sellers and buyers headed for the plowing and Listowel races in what feels like a holiday week in Kerry.

all businesses in the Kingdom, including market trading, are shutting down and taking a well-deserved break ahead of the traditionally big autumn sales.

As we head into October, store managers reflect on the magnitude of these sales.

After strong sales throughout the year, William Jones of Ballymahon mart expects numbers to ‘fall earlier this fall than in other years’, so ‘prices could strengthen as the market progresses. ‘year “.

James Cooney of Loughrea predicts the numbers will hold for a month but then fall, saying: “I expect a lot of the best cattle to be gone by mid-October.”

However, he sees continued demand and, as William predicts, market prices could strengthen in November.

Sixmilebridge’s Joe Clune reckons that with a lot of cattle already through the system, there’s “probably a good three weeks left”, as far as numbers go.

Last week, those who decided to sell oxen found that the trade was largely flat, with no significant movement among the 300-500kg.

Beef at 500-599kg fell by 2c/kg or €10/hd overall to €2.40/kg, driven by a reduction of 5c/kg or €25-30/hd among higher quality animals at this weight.

The animal over 600kg, however, increased by 4c/kg in total to €2.45/kg, with higher quality steers gaining 3c/kg to €2.81/kg on average.

It often happens that once these oxen over 600 kg move forward, the 500-599 kg also move forward. There are nuances in British Prime Minister Liz Truss’ ‘trickle down’ economy

Is it a case that those who buy the heaviest beef are more confident that they can better manage their short-term costs than the mid-weight stores that finish wintering at a time when future factory prices are far from certain?

Do you bet that once you kill that 600kg beef as Christmas approaches, you’ll come back and reinvest at the same level and watch how that investment has helped strengthen the whole business?

Or would you like to cash in on the returns and wait to see what effect this move might have on trading in the new year?

On the other hand, the market for heifers strengthened from bottom to top, with 350 to 399 kg on average 11c/kg more.

The 400 to 599 kg section increased by 4 to 8 c/kg, while the over 600 kg section only increased by 1 to 2 c/kg in total.

In the Know – around the markets

sixmilebridge

Every little bit counts, so when you host an “In-Store Beef Special” you create that competitive advantage between sellers and buyers to get the best.

With 550 steers on display here there was plenty of activity, with Joe Clune reporting that Continentals from 450-600kg typically earned €2.70-2.80, with the top hitting €3.20/kg.

Four best Herefords at 433 kg cost an average of €1,110/hd.

Skibbereen

Continental beef sold for €440-1,270/h with €/kg, culminating in an 820 kg Charolais fetching €2,010.

Quality replacements included a 480kg Charolais at €1,400, with two 452kg Limousins ​​at €1,100/hd.

While Hereford and Angus beef sold for between €380 and €950/hd with the €/kg, margins seemed tighter: the top call was a 710 kg Hereford sold for €1,660, while two at 410 kg were worth an average of €1,000/h with four to 330 kg sold for €790/day.

Overall prices on the heifer side ranged from €380 to €840/hd with weight.

Among weaned bulls sold from 210 to 740 €/hd with €/kg for heifers 220-690 €/hd in addition to weight.

Ballymahon

Thursday’s sale was smaller due to plowing, and William Jones predicts a much bigger turnout this week.

550kg Charolais sold from €1,550-1,560/hd, with the best 600-620kg making €1,820-1,930/hd, while the average 450-550kg beef fetched €800-900/hd with their weight.

The number of heifers was higher than before, with prices up by around €30/hd.

Saturday’s weaning sale saw good numbers and strong breeder activity for bulls. Samples included 325-345kg of Charolais bulls at €1,050-1,100/hd, while 485-525kg sold from €1,440-1,560/hd.

Trade in weaned heifers was “a bit sticky”

Loughrea

Composed mainly of Limousin and Charolais, Friday’s show-sale saw the finest bulls weaned on average at €3.15/kg, the few simplest at €2.70/kg on average.

Premium samples included 280kg Charolais at €920, 330kg Charolais at €960 and 350kg at €1,050.

Saturday’s general sale went well, with 580-690 kg Charolais beef selling well at €2.85/kg on average. The 400-500 kg beef was a bit under pressure with an overall average of €2.65/kg.

Trading in heifers was also a little easier, at a general price of €2.30-2.40/kg, but the best still pushed the bar to €2.70/kg.

Carnew

There were just under 1,000 cattle on offer here on Saturday, with all classes stronger at €20-30/hd.

With strong demand, continental beef and beef beef are priced at €1,700-2,420/hd, with continental stores at €1,100-1,740/hd.

Heavy Angus earned €1,300-1,750/hd with Angus stores €770-1,220/hd. Friesian beef ranged from €670 to €1,510/hd.

On the heifer side, beef and front types are sold between €1,350 and €2,100/hd, with continental stores doing between €820 and €1,410/hd.

Heavy Angus heifers earned between €1,180 and €1,700/hd with stores between €630 and €1,270/hd.

Continental beef cows sold €1,650-2,380/hd with lighter types €850-1,600/hd. Heavy Friesian cows sold for between €1,200 and €1,620/hd with shops doing between €450 and €1,100/hd.

Kilfenora

Last week’s weaned heifer show and sale continued the theme that quality sells best, but it was noted that the greatest demand was for heifers over 320kg.

The best calls went to the Limousin side of the house, with a 355kg sold at €4.65/kg (€1,650) followed by €4.37/kg (€1,290) for 295kg.

On the Charolais side, the best performing weighed 365 kg and sold for €1,560 or €4.27/kg, while three weighing 328 kg on average sold for €1,330/hd, €4.05/ kg.

Enniscorthy

Last week’s sale was smaller as many Wexford farmers headed into ploughing. Their journey was not in vain as John Whelan of Model County was crowned supreme world reversible tillage champion.

Despite the absence of significant sellers and buyers, the exchanges went very well.

Beef from forward stores was selling for €700-1000/hd above €/kg, with shops earning €420-840/hd with the weight.

Advanced heifers earned €760-1,000/hd with €/kg, with stores €330-905/hd with weight.

Friesian beef cows were selling for between 580 and 800 €/hd with the weight, while Friesian stores earned between 170 and 550 €/hd with the €/kg.