Price of cattle reached 446,916 LCR/t in 2016 in Iceland, according to Eurostat. This is 10.5 % less than in the previous year.
Historically, price of cattle in Iceland reached an all time high of 500,333 LCR/t in 2014 and an all time low of 322,829 LCR/t in 2007. When compared to Iceland's main peers, price of cattle in Denmark amounted to 22,595 LCR/t, 51,350 LCR/t in Norway, 17,559 LCR/t in Sweden and 3,048 LCR/t in United Kingdom in 2016.
Iceland has been ranked 2nd within the group of 28 countries we follow in terms of price of cattle.