Bullock prices easing slightly
The effect of the increase of 2,200 head in bullock supplies was to move pay out prices at the factories a fraction closer to the quoted prices for the week at an average of 86.6p/lb for R3, slipping to 1p/lb under the average for R3 heifers at 87.6p/lb as prices for heifers remained stable.
More than half of the processors paid an average of 87p/lb plus for their supply of R3 bullocks for the week, with five factories paying an average of 88p/lb or more. They were Carrigans of Donegal leading at an average of 91.6p/lb, Dawn Meats at Ballaghadereen, Newgrange Meats at Navan, Liffey Meats at Ballyjamesduff and Exel Meats at Kilbeggan.