IFA Reports Beef Trade Stronger

IRELAND - IFA National Livestock Chairman Angus Woods said the beef trade has strengthened this week with some factories increasing quotes by 5c/kg.
calendar icon 5 March 2018
clock icon 1 minute read

He said in general the base price for steers being bought this week is €3.95/kg and €4.05/kg for heifers.

Mr Woods 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.

TheCattleSite News Desk

© 2000 - 2022 - Global Ag Media. All Rights Reserved | No part of this site may be reproduced without permission.