Steady lift in beef prices continues

Marts: The steady lift in beef prices continued at the factories over the past week, with a further increase of up to 1p/lb being paid to producers as tight supply remains.

While prices for R3 bullocks reached a top factory average of 101p/lb at Donegal Meats, the major players are falling back in the price league, with the average paid by both AIBP Group and Dawn Group slipping below the national average for last week.

Farmer pay-sheet returns for last week show that the Clones plant which paid an average of almost 98p/lb for R3 bullocks was the only factory in the AIBP Group to pay above the national average of 96.2p/lb for this category.

In the Dawn Meats Group, the Ballaghadereen plant which paid an average of 96.5p/lb was the only Dawn unit to pay over national average.

The Kepak Group paid the national average over their three factories, with Clonee paying slightly higher and prices at Watergrasshill and Athleague just under national average.

Those paying over 97p/lb average (incl VAT) were Carrigans, Liffey Meats, AIBP (Clones), Newgrange, Exel and Duffy's. The average for O3 bullocks was a shade under 94p/lb.

Prices for R3 heifers were almost similar to the bullocks at 96.1p/lb average. There was a top factory average of almost 99p/lb paid by Kepak at Clonee, with over 97p/lb at Liffeys, AIBP (Clones) and Exel. The average for O3 heifers was almost 93p/lb.

A new peak for cull cow prices was set at Liffey's of Ballyjamesduff, where an average of 86p/lb was paid for R4L grade and Kepak at Clonee paid the highest average for O grade at 83p/lb for O3. Liffey's were also the tops for Ps, paying an average of 81p/lb for P+4L. Strong prices were also paid for good cows at Kildare Chilling and Dawn Meats, Ballyhaunis last week.

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