Spiral in beef prices slowing down

Martin Ryan

But the overall trend for the week showed a slowing down in the upward spiral of prices for beef, with the overall national average for R3 bullocks showing only a marginal gain at 99p/lb. Some factories paid up to 0.5p/lb more.

Topping the price league for R3 bullocks was Carrigans of Donegal at an average of just under 103p/lb, while Exel at Kilbeggan and sister plant at Navan, Newgrange Meats, as well as Duffy’s of Gort, Liffey Meats, Ballyjamesduff, Dawn at Ballaghadereen and Kildare Chilling all paid 100p/lb average.