BEEF TRADE STRONGER

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BEEF TRADE STRONGER
05 Mar 2018

BEEF TRADE STRONGER

Cattle, Prices

IFA National Livestock Chairman Angus Woods said the beef trade has strengthened this week with some factories increasing quotes by 5c/kg.

He said in general the base price for steers being bought this week is €3.95/kg and €4.05/kg for heifers. He said some plants are quoting lower but others are doing deals at higher levels to secure numbers. He said price offers of €4.08 to €4.10/kg for heifers have been made.

He said the cow trade is strong, driven by very strong demand for manufacturing beef. He said very few cows are selling below €3,30/kg with the majority trading between €3.40 and €3.60/kg and top quality cows making over €3.70/kg.

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