Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

British Cattle Prices Seen by AHDB Reaching a Record on Holidays

Nov. 30 (Bloomberg) -- Cattle prices climbed to records last week in Great Britain as meat buyers stocked up for an anticipated increase in consumer demand for the holidays, the Agriculture & Horticulture Development Board said.

Steer carcass, or deadweight, prices rose to 3.609 pounds a kilogram ($2.60 a pound) on average in the week ended Nov. 24, up 5 percent from a week earlier, according to an e-mailed report from the Kenilworth, England-based researcher’s cattle and sheep unit EBLEX. While prime cattle slaughtering rose from a week earlier, processing was still 6 percent below the same time in 2011, AHDB said.

“With the Christmas procurement period drawing to a close, prime prices have continued to climb ever higher,” AHDB said. “All reported deadweight categories rose on the week to reach new record highs. Prices continue to be boosted further by what is still a very tight supply situation.”

To contact the reporter on this story: Whitney McFerron in London at wmcferron1@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.