EU slaughter cattle markets Bulls and cows prices more friendly

by Editor fleischwirtschaft.com
Tuesday, August 04, 2020
In contrast to most other EU countries, young bull prices in Italy fell significantly.
Photo: imago images / penofoto
In contrast to most other EU countries, young bull prices in Italy fell significantly.

Prices for beef cattle for slaughter in the European Union have recently become more favourable for young bulls and cows, while the price of heifers has fallen.

According to the EU Commission, in the week ending 26 July, an average of €350.75 per 100 kg carcass weight (cw) was paid for young bulls of the R3 category according to the reporting Member States; compared to the previous week, this corresponded to an increase of 0.6%. In the Member States there were widespread increases.

In Poland and Denmark, prices rose by 3.1% and 2.9% respectively; in Spain, the Netherlands and Germany, R3 young bulls sold between 1.1% and 1.3% more. In Belgium, the increase was only 0.1%, while prices in France stagnated at the previous week's level. In Austria as well as in Ireland, the fatteners had to accept a discount of 0.3%, in Italy even of 6.8%.

Slightly weaker than for the young bulls, the EU quotation for slaughter cows increased. According to the Commission, animals in the O3 category earned an average of €277.98 per 100 kg cw in the Community, 0.2% more than in the previous week. Developments in the Member States varied considerably. Premiums of between 1.0% and 2.0% were recorded in Ireland, Poland and France; in Belgium and Germany the price rose by 0.6% in each case. In Denmark, 0.7% less was paid for O3 cows than in the previous week; prices were noticeably weaker with discounts of between 1.3% and 1.9% in Austria, the Netherlands, Spain and Italy.

In contrast to bulls and cows, prices for heifers in the EU have recently fallen. According to the Commission, the average price for animals in category R3 during the reporting week was €364.88 per 100 kg cw, which corresponds to a drop of 0.5%. Contrary to the EU trend, sales in Denmark rose strongly by 12.1% compared to the previous week. There was also a significant increase in Poland and Germany, where prices rose by 2.4% and 1.6% respectively. In Ireland and the Netherlands, prices were up 0.6% each, in Belgium 0.2%. While the price in Austria moved sideways, fatteners in France had to accept discounts of 1.5%. The decline was noticeably stronger in Spain and Italy, where R3 heifers sold 4.3% and 4.6% less than in the previous week.

 

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