Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Scottish farmgate prime cattle prices up 8.5% on the year

Prime cattle prices are up on the year.
Prime cattle prices are up on the year.

The price paid to Scottish farmers and crofters for prime cattle is up around 8.5% on the year, according to new figures.

The latest market analysis by red meat levy body Quality Meat Scotland (QMS) reveals farmgate prices for prime cattle are also up 3% from the recent low point at the start of June.

Prime cattle prices at Aberdeen and Northern Marts’ Thainstone Centre, near Inverurie, were up on the year on Thursday August 12.

Prime bullocks averaged 240p per kg – up from 221.9p on August 13, 2020 – and prime heifers averaged 228.9p, which is up from 221.4p per kg at the same sale the year before.

It was a similar picture for prime heifers at Lawrie and Symington’s Forfar Mart on Wednesday August 11 when they averaged 264p per kg – up from 239p per kg on August 12, 2020.

QMS chief economist, Stuart Ashworth, said the increased prices were driven by reduced slaughter numbers – both as a result of reduced cattle numbers and disruptions at processing plants due to Covid-19 self-isolation rules.

He said this, combined with a slight fall in carcase weights, resulted in UK beef production in May and June being down by more than 3% compared to the same two-month period in 2020.

A reduction in imports of beef, along with a recovery in the export market for UK beef, also contributed to the overall tightening of supplies with the volume of beef on the UK market during April and May 1.5% lower than in 2020.

Prices are rising for cuts of beef that are most attractive to restaurants.

Mr Ashworth said the relaxation of Covid-19 restrictions was also impacting the market for beef and the value of a carcase to the abattoir operator or butcher.

“Analysis by market data company Urner Barry show rising prices over the past couple of months for those beef cuts that are most attractive to restaurants for example striploins, fillets and rib roasts,” added Mr Ashworth.

“In contrast lower valued cuts suitable for mincing and dicing have seen little movement in wholesale price over the past quarter.  Retail prices are showing similar patterns with mince and diced products retailing at a lower price than twelve months ago but roasts and sirloin steaks seeing some modest increase.”

Looking forward, Mr Ashworth said indications from British Cattle Movement Service (BCMS) data suggest the number of slaughter cattle over 18 months old on British holdings is smaller than 12 months ago.

“Consequently the supply of cattle to abattoirs will remain tight in the short term helping to underpin prices,” he added.

Beef farmers enjoy ‘significant’ price increases

Already a subscriber? Sign in