TheCattleSite.com - news, features, articles and disease information for the cattle industry

News

Beef Trade Remains Strong, Says IFA

05 June 2017

IRELAND - IFA National Livestock Chairman Angus Woods has said the cattle trade remains strong with the base price for steers at €4.15/kg and some top prices of €4.20 paid.

Mr Woods said heifers have improved in price with €4.30/kg a more common base but prices ranging from €4.25 to €4.35.

On numbers, he said the weekly kill is running at about 31,000 head but demand is very strong and there is not an ounce of beef in stock.

He said the UK market continues to improve with very strong demand. UK prices of £3.64/kg are equivalent to €4.45/kg including VAT.

Mr Woods said a concerted move by the factories to pull cow prices has not succeeded with plants having to pay last week prices to get numbers.

In addition, he said farmers have the option of selling in the marts where the trade is very strong.

TheCattleSite News Desk

Top image via Shutterstock



Our Sponsors

Partners


Seasonal Picks

Charismatic Cows and Beefcake Bulls