EU slaughter cattle market Young bulls in Italy under pressure

by Editor fleischwirtschaft.com
Friday, October 16, 2020
In Italy the prices for young bulls decreased significantly.
Photo: imago images / imagebroker
In Italy the prices for young bulls decreased significantly.

While the prices for young bulls and heifers increased, cows were again traded more cheaply.

According to the EC, in the week ending 4 October, an average of €352.36 per 100 kg carcass weight (cw) was paid for young bulls of category R3 in the reporting Member States; this corresponded to an increase of 0.4% over the previous week.

In Ireland, the quotation was comparatively firm with a surcharge of 1.6%. In Austria, fatteners were also pleased with the increase, although it was slightly lower at 1.1%. The surcharges in Germany, Spain, Denmark and France were again weaker, with prices for R3 bulls rising by between 0.6% and 0.3%. Meanwhile, revenues in Poland fell by 0.3% and in the Netherlands by 0.9%. At 11.6%, the decline in Italy was considerably more severe.

Cow prices fell during the reporting week. According to the EC, animals in the O3 category earned €273.88 per 100 kg sw on average in the Community, 0.2% less than in the previous week.

Contrary to the trend, there was a noticeable premium of 2.2% in Poland. Quotations in Belgium and Denmark also tended to be more friendly, albeit only by 0.3% in each case. In the Netherlands prices remained stable, while O3 cows in Germany, Ireland and France were traded between 0.2% and 0.3% cheaper. The decline was more pronounced in Italy with a drop of 1.4%; in Austria and Spain, the discounts were even 2.5% and 2.6%, respectively.

As with young bulls, the EU heifer quotation developed positively during the reporting week. According to the EC, an average of €367.93 per 100 kg sw was paid for animals in the R3 category, which corresponds to an increase of €3.69 or one percent. In Spain, revenues for slaughter heifers climbed by 5.2%, in Italy by 2.8%. Prices in Denmark, Austria and the Netherlands rose by between 1.8% and 1.6%. In Poland, the increase was weaker at 0.6%; the increase was even lower in Germany, France and Ireland, where prices rose by between 0.4% and 0.1%. In Belgium, prices for R3 heifers stabilized at the level of the previous week.

 

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