PRICES & TRENDS

⁕ Cull cow prices in April increased marginally compared to March, with dairy-sired cull values rising 0.2p/kg to average 86.48p/kg, according to a report by AHDB Dairy.

Throughputs rose to 8,318 head in April, an increase of 1,828 head on March figures.

However, compared with April 2015, prices were well back, down 16.B9p/kg, while throughputs had increased by 855 head.

Beef-sired cull cows fared slightly better, with values rising 076p/kg in April 2016 on March prices, to average 113.?5p/kg.

Throughputs increased by 458 head to 4,801, in the same period.

Compared with April 2015, prices in April 201G were down 13.52p/kg while throughputs stood 334 head lower.

UK daily milk deliveries continued a downward trend in the two weeks to 21 May, averaging 43.5m litres a day, 2.3% lower than the same period last year, said the report.

However, this was still 2.3% higher compared to the three-year average of 42.5m litres a day.

In the same period, GB daily deliveries averaged 36.4m litres, 2.4% down on last year, but still 2.2% higher than the three-year average of 35.6m litres a day.

MILK PRICE LEAGUE TABLE (March)

1. Price shown is a combination of both A&B prices

2. Included is a 0.50ppl bonus which farmers get when they signed up with the Promar costings survey.

3. These contracts will receive a 13th payment, the forecast for this is approximately 0.78ppl from 30 March 2015 and approximately D73ppl from 1 February 2016.

4. Milk prices listed above will vary according to the amount of milk that is required by each retailer; additional milk will be paid for at the standard liquid milk contract price; the milk price above assumes that all litres produced are sold into the dedicated milk pools.

Please note retailer price supplements are included where applicable.

DAIRY COMMODITY PRICES

DAIRY CATTLE

CULL COWS – AUCTION VALUES

REARING CALVES

STORE CATTLE

UK ENTITLEMENTS

CURRENCY WATCH

VEGETABLES

RETAIL MEAT

w/e4June 2016

HAY AND STRAW

w/e5June 201G

Disclaimer: FARMERS WEEKLY seeks to ensure but cannot guarantee that all Information contained in the Prices and Trends sections is correct FARMERS WEEKLY shall not In any event be liable for any loss or damage arising from the information contained within the section, and will not accept liability for errors or omissions.

STRAIGHTS Wednesday

1 June 201G

⁕Oilseed rape prices regained some ground in the weekto 1 June, rising almost £6/t as sterling weakened against the dollar and the euro. Spot ex-farm prices ranged from £2G8/tto £2?8/t, depending on location, and averaged £2?2.?/t.

New crop prices for July hovered between £260/t and £2?0/t with very few farmers selling forward according to grain traders.

Spot feed wheat prices fell back again during the week, falling £1.20/t to average £103.50/t ex-farm. This was despite rains across Northern Europe causing some disease concerns, said a report by CRM market analyst.

The maize market was likely to continue to provide a floor to global and UK wheat values, according to a report by AHDB Cereals and Oilseeds. “Early forecasts show that the current disparity between global wheat and maize supply and demand is likely to continue into next season, if not widen.” It also highlighted that there could be further revisions to the size of the Argentine and Brazil maize crops as harvest was not completed.

The majority of the UK winter cereal crop was in good condition at the end of April, said the report. Despite delays to spring pesticide applications, crop development was relatively normal.

GRAIN, OILSEEDS & PULSES

DELIVERED GRAIN PRICES

as at Thursday, 26 May 2016 [£/tonne]

FUTURES

POTATOES

AHDB GB weekly average comparison (£ per tonne) 2015 crop

Higher numbers may dent cattle trade

⁕ Cattle prices rose slightly in the week to 28 May, with the R4L deadweight price rising 2.0p/kgto average 330.2p/kg. However, this was still well below levels in the same week last year where the average was 339.8p/kg.

Short term, the supply and demand balance continued to give a welcome impetus to the market, said a report by AHDB Beef and Lamb. Despite prices continuing upward the report warned producers to remain cautious. “The trade could well feel the impact of increased availability.”

Forecasts by AHDB Beef and Lamb suggested there was likely to be increased prime cattle availability in 201G. “In April, with the exception of dairy males, all categories of cattle aged between 12-24 months had higher numbers on the ground compared to April 2015, up 86,400 head,” said the report.

Liveweight cattle prices were variable in the week to 31 May, with the finished steer price rising 0.3p/kgto average 175.Bp/kg, while heifer prices fell 27p/kgto average 184.8p/kg. Young bulls also followed a downward trend losing l.lp/kgto average 160.3p/kg. This was despite overall throughputs falling 28% on the previous week to 3,240 head.

SLAUGHTERING

CATTLE DEADWEIGHT

Week ended Saturday, 28 May 2016

LAMB DEADWEIGHT

Weekended Saturday, 21 May 2016

GB PIGS DEADWEIGHT

spp [Standard Pig Price) & APP (All Pig Price]

CATTLE AUCTIONS

Ringside at

Dingwall mart, Ross-shire An entry of eight prime bullocks sold to 210p/kg for a Limousin cross and averaged 196.4p/kg on Tuesday (31 May).

Top gross price went to a Limousin cross at £1,334.50.

Prime heifers sold to 209p/kg and £1,274.90 gross for a Limousin cross and averaged 199.6p/kg across an entry of 11.

An entry of 99 old season lambs averaged 170.9/kg overall, while top price of 189.?p/kg went to a pen of 39kg Charollais crosses, and the highest gross price of £85.50 a head went to Texel crosses.

New season lambs averaged 182.?p/kg across an entry of seven, peaking at 191.2p/kg for a pen of Texel crosses, while top gross price also went to Texel crosses, at £90 a head.

EU REFERENCE PRICES

WEANERS

SOWS

AUCTION PIGS

SHEEP AUCTIONS

EWES

Category: PRICES & TRENDS

April’s cull cow Values up slightly, but down on 2015