Beef prices increase
DESPITE the attempts of factories to shave up to 5c off quotes, beef prices have again been strong in the past week due a shortage of stock according to the Livestock Price Coordinator for the Irish Cattle and Sheep Farmers' Association (ICSA). John Cleary also said that farmers should now be prepared for tougher negotiations from factories but those willing to do us will get the best prices
For a good mix of steers, the base price being quoted is €4.10 – 4.15/kg, a further increase of 10c from last week. Factories are quoting €4.20- €4.30/kg for heifers, a slight increase on last week
For a mix of U and R grade bulls, the base price is also €4.20/kg, roughly the same quotes from last week Base price quotes for cows stand at €3.35-€3.65/kg.
This is a rise of nearly 20c, a significant rise for cows for this time of the year.
