date:Jun 16, 2014
to a narrowing in the differential between prices in both regions and average EU prices. Table 1 outlines R3 heifer prices in the EU for the week ending 1 June 2014 and the corresponding week in May 2014.
Source:LMC
The LMC says in the week ending 1 June 2014 the average R3 heifer price in the EU was 396.9c/kg, unchanged from the 397c/kg in the week ending 4 May 2014. The euro weakened slightly against sterling from 1=82.2p in the week ending 4 May 2014 to 1=81.2p in the week ending 1 June 2