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Store and prime trade buoyant with cattle 5% tighter

Store and prime trade buoyant with cattle 5% tighter >More in © Tim Scrivener Store cattle vendors are taking advantage of a flying trade as finishers exercise bargaining power with processors during a period of tight cattle supply. Numbers of cattle aged 12-30 months were 5% (81,900-head) back on the year in January, according to UK British Cattle Movement Service estimates. Many in the industry are watching whether limited imports, lower numbers in the UK and Ireland and limited food service activity help swell commercial base prices to 400p/kg. In response to tight supplies, imports are expected to lift this year. The AHDB has forecast a 4% rise in imports, based on more foodservice sector activity.

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