Beef price rise is stalling

Marts: While a few factories increased prices for R4L bullocks by almost 3 cents/kg (1p/lb), one-in-three factories paid lower returns or maintained the previous weeks level as processors reacted to the rising trend last week.

Cull cow prices increased to 102.6p/lb at the top of the market.

The top price paid for R grade bullocks was slightly lower, with the highest available for heifers unchanged.