Producers paid 3p/lb more for R4L

MARTS: Producers were paid an average of 3p/lb more for R4L animals by the factories last week, bringing the average price to 100p/lb.

The factory incentive was effective in bringing out more cattle as bullock supplies surged to almost 21,000 head, up by 2,500 on the previous week and 3,000 head higher than last year. Heifer intake at 11,000 was more than 1,000 up, but 1,000 short of the same week in 2004.

The increase has eased the pressure on processors to fill orders in Britain and the continent and made it more difficult for producers to get further improvements this week.

The national average for R4L bullocks was just short of 100p/lb. Donegal Meats paid the highest average at 101.6p/lb, and Slaney Meats paying 100.5p/lb. An average of 100p/lb was paid by Liffey Meats, AIBP at Clones, Dawn Meats at Ballaghadereen, Exel Meats and Newgrange Meats, Moyvalley Meats, Kepak at Athleague and Kildare Chilling. The average at Dawn Meats, Waterford was just under 100p/lb. The factories paid an average of 97.2p/lb for O4L bullocks.

Prices for R4L heifers averaged 100p/lb. Kepak at Clonee paid an average of 105.5p/lb. Slaney Meats, Meadow Meats and Donegal Meats each paid an average of 101p/lb and several factories paid an average of 100p/lb. The average for O4L heifers was almost similar to the bullocks 97.6p/lb.

Prices for quality cull cows slipped almost 2p/lb peaking at 84p/lb for R5 grade at Exel Meats, Kilbeggan. The top price for O grade was maintained at 83p/lb, Euro Food and AIBP at Clones the top payers. Prices for P grade also held up. The top price was paid by Exel Meats at 78p/lb for P+3.

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