Beef Prices Stronger This Week
IFA National Livestock Chairman Angus Woods said the beef trade is stronger this week with cattle prices continuing to rise and some factories paying top base prices of €4.10/kg for steers and €4.20/kg for heifers.
Angus Woods said cattle prices are continuing to rise, up 5c/kg in the last week. He said some factories are trying to contract price cattle for the very scarce weeks of May, June and July. He said feeders would need to do their figures carefully as feed prices have risen rapidly in recent weeks.
Angus Woods said with the very late spring and few cattle gone to grass, there will be little or no grass cattle available until July. This will leave long feed shed cattle very scarce and expensive as the weeks progress.