Beef prices maintain upward trend
Processors paid an average of 326c/kg (116.3p/lb) for R4L bullocks and 329c/kg (117.6p/lb) for similar grade heifers. Average prices for O grade stock showed a similar increase to 318c/kg (113.6p/lb) for O4L bullocks and 319c/kg (114.2p/lb) for O3 heifers.
These prices are up to 28c/kg (10p/lb) above the same week in 2007, which was a serious loss making season for finishers, and it will go towards defraying the increase of €100/tonne in the cost of concentrates.
