Slippage in beef prices confirmed

Marts: A slippage in beef prices at the factories has been confirmed in the farmer pay-sheet returns for last week’s increased kill at the plants.

An increase of 2,200 bullocks, eased the pressure on the factories, and, as predicted, led to the first slip in the average paid for stock since the beginning of the year.

While the drop in the overall average paid for R3 bullocks was marginal at 0.6p/lb - although some factories dropped by up to 2p/lb - the smaller processors were more prominent as the leaders on price as the larger players eased back on their payout.