The trade in cattle for slaughter is running a little more smoothly than a few weeks ago. Cows in particular are in better demand again and know what to gain in price.
After the meat trade stepped on the brakes a few weeks ago because even higher prices were difficult to convert into sales, the market had to take a step back. Prices for both broiler cows and bulls were corrected at around €0,35 per kilo. In recent weeks, the limited supply of cattle for slaughter has made it a bit more expensive to sell broiler cows in particular.
High milk price still limits emissions
The historically high milk prices still seem to limit the supply of broiler cows. Livestock farmers often continue to milk cattle that are eligible for emissions for a longer period of time. It is precisely slaughter cows that are in demand at the slaughterhouses because the somewhat thinner cows are currently easier to market in the meat trade. It ensures that the payout prices of slaughterhouses have increased again, by about a dime.
Luxury cattle for slaughter will remain stable in price for the time being, although the supply is well placed. In Germany, prices have recovered somewhat after a number of significant corrections. All in all, the beef market seems to have a very solid foundation. After a brief dip in sentiment, tight supply and good demand appear to be marking the market again.