Beef prices trend eases in returns
While overall, averages showed only a very slight decline from the previous week, there was a more pronounced drop in the average prices paid at individual factories where R3 bullocks were down by 3 cents/kg (1p/lb). Heifer prices were 0.5p/lb higher than bullocks for R3, while prices for O3 heifers were a fraction easier than for O3 bullocks on the week.
Supplies continued the upward trend when proportionate allowance was made for the shorter (four day) working week due to the bank holiday, indicating the push to ensure cattle are killed under 30 months.
