SUCKLER beef values for all breeds dropped by €60 on average in the latest ICBF evaluations.
However the rankings did not change.
The big drop in values started when ICBF received cattle movement data from the Department of Agriculture, allowing evaluators to more accurately determine the contemporary group from which each animal was slaughtered. This also explains breed evaluation changes such as Charolais and Belgian Blue breeds losing up to €90 in proofs, whereas breeds such as Angus and Hereford lost only €20 to €30.
It was notable that some well proven bulls, for example CF52, lost more in the new proof evaluation.
The reason is CF52 had 52% of his records affected by the cattle movements update, compared to 25% of records on average. CF52 still retained his top 5% ranking within the Charolais breed.
In addition to information on herd of finish, ICBF received some 230,000 new records into the evaluation — representing a 20% increase in data.
This was due to the Suckler Cow Welfare scheme bringing 40,000 new beef herds onto the breed evaluation database.
According to ICBF, the differences within and between breeds are now much more realistic (about €200 per progeny between the best and worst). Farmers can continue to have confidence in the Euro-Star system as a means of accurately identifying the animals that will leave them most profit in the future, said an ICBF spokesperson.
© Irish Examiner Ltd. All rights reserved