Wynne Davies MRICS FLAA MNAEA, Senior Auctioneer, J. Bradburne Price & Co, Mold Livestock Market
14th May 2021
2021 had kicked off where 2020 ended, with plentiful interest and demand for cattle.
Beef remains in excellent demand as numbers nationwide remain tight and consumption is at an increased level. Best types continue to trade around the 260-280p mark or £1700-£1850 overall.
We’ve witnessed a greater number of well fleshed cattle through the ring in our prime market, where numbers have been very strong each week. Customers have been rewarded, seeing the benefit and rewards of getting the right finish on cattle before marketing.
Although prices are now where they need to be, to cover increased input costs for feed, fertiliser and straw, I hope they can be sustained going forward.
The pandemic and several lockdowns seem to have driven a shift in consumer habits, with a greater level of red meat being bought to be consumed at home. I hope, when the catering sector opens, it will back British produce.
Agriculture must play its part in helping the UK to achieve net zero. Pressure from the green lobby has never been stronger and some will ultimately choose to reduce their level of meat consumption. A greater number of consumers are choosing to eat more sustainable meat, produced in the UK and not flown half-way around the world. This will hopefully help drive and maintain good demand for UK produce.
In the store cattle and stirk rings, demand remains exceptional for all types. Our numbers are significantly up on this time last year and at record levels, as customers cash in on the high prices. This could impact on numbers later in the year and if so, trade should hold firm through to the back end.
All types of cattle have met great demand, although young grazing types have seemed the dearest at times, even with grass being in short supply.
The pandemic has caused challenges for livestock markets although with trade being so strong in all sections, has made selling stock a somewhat easier task to undertake.
I’d encourage everyone to use their local markets to their full potential and the knowledge and expertise of auctioneers to the full.