IFA National Livestock Chairman Angus Woods said the tightness in cattle supplies is beginning to bite with some farmers commanding steer base prices of €4.00 to €4.05/kg and heifer base prices of €4.10 to €4.15/kg.
In addition, he said sellers are doing deals involving payment for transport and no weight specification cuts.
Angus Woods said it is clear that supplies of steers and heifers will remain very tight for the next number of months and finishers have to maximise their bargaining power in this situation.
Bull prices have also improved with U grades at €4.00/4.05. He said P and O grade cows are making €3.30/kg.