The number of cattle slaughtered at local factories to mid-March is the highest it has been since 2010, and with marts also seeing more cattle forwarded for sale, it is clear that farmers are selling surplus stock in response to record fertiliser and feed prices.

The prime cattle kill is currently running 13% ahead of 2021 levels. However, most notable is the cow kill, which is 17% up on the same period last year. Despite that, processing demand remains strong, with R grading cows making 350p to 360p/kg and dairy types in good condition at 310p to 315p/kg, up 35p/kg on last month.

Prime beef prices are again edging upwards, with deals of 422p to 424p/kg being reported for in-spec animals, with more available for butcher-type heifers.

Marts

In the marts, good-quality forward stores and cull cows remain highly sought after, but light, plainer types have become a difficult sell.

Mart managers report that specialist finishers remain extremely competitive for short-keep stores, paying 230p to 260p/kg for good quality R and U grading animals. Heavy-fleshed dairy-bred bullocks are at 180p to 200p/kg.

Cull cows in slaughter-fit condition are making 200p to 250p/kg depending on conformation, with feeding cows at 160p to 190p/kg.

Grazing stores

Buyers are also active for good-quality grazing stores, but prefer heavier types around 440kg to 500kg. Prices range from 240p to 280p/kg.

Demand for lighter, plainer stores has eased significantly, with higher fertiliser and ration prices leaving buyers cautious when offered plainer cattle that might require a longer keep.

Reports indicate plainer types with a strong dairy influence, and under 400kg, are down £100 per head from the start of March.

The calf ring has also seen an easing of price, with competition strongest for beef-bred calves that are ready for weaning.

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