Improved trade at mart bucks trend

Marts: An improved trade for store cattle at Dungarvan Mart reversed the recent trend with prices staging a recovery of €40-€50/head with an increase in the supply of cattle on offer, but neither trends have been reflected around the country.

Dungarvan Mart manager Ger Flynn said the trade was much improved with a bigger sale of cattle this week, showing recovery in some of the drop in recent weeks. At the upper end of the market bullocks and heifers were showing an improvement of €40-€50/head.

While it is hard to identify a margin in animals costing over €300 with €/kg with the trend in the beef trade, there was a solid sector of mainly farmer buyers in the mart for these animals showing confidence in the trade for the remainder of the year.