Demand for double-punched bullocks

Marts: There was very strong demand for double punched bullocks in the marts yesterday where prices were improved by up to €30/head as competition increased.

The demand seemed to be based on speculation that prices for beef are heading into a rising phase in the run up to Christmas. However, that will be based on the balance of supply and demand.

The trade for punched out bullocks was steady at Bandon Mart yesterday and improved at sales at Kilkenny, Blessington and Ennis Marts with up to €480 over €/kg being paid at Ennis for heavy quality continentals.