Bullock prices reflect tight supply

Marts: Euro Farm Foods took over the lead on prices for R grade bullocks in last week’s kill as the supply of cattle to the factories tightened further.

Bullock prices reflect tight supply

The Duleek, Co Meath based processors paid an average of 111p/lb for R4L bullocks and 109p/lb for O4L grade to lead both categories on price, but were not as strong on heifers paying an average of just under 110p/lb for R4L which was the fourth highest in a category headed by Kepak (Clonee) at 113p/lb — including bonus payments for premium price contract supplies — ahead of AIBP (Nenagh), and Slaney Meats both paying an average of 110p/lb.

The national average for R4L bullocks slipped by less than 1 cents/kg to 108.7p/lb, with R4L heifers back by the same amount at an average of 109p/lb.

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