Beef price gulf aids British returns
Comparison of the price being paid for R3 bullocks in Britain and similar grade cattle in Irish factories for the last week in September 2004 and the corresponding week in 2003 show the margin between the two prices has widened by 3p/lb after both prices were converted to IR/p/lb and adjusted for VAT.
Prices in both countries have shown a similar downward trend for September, but British suppliers continued to receive 12p/lb more for cattle then their Irish counterparts in 2004, compared to a difference of 9p/lb between the price paid in both countries for September 2003.
