Poorer grades hit by lower prices

Marts: Prices for O grade bullocks fared worst at the factories, dropping up to 2p/lb, as the slide in prices continued last week with lower returns to producers for all grades.
Poorer grades hit by lower prices

The poorer quality, O3 grade bullocks, dropped to an average of less than 94p/lb, according to the farmer paysheet returns for the week, while the average price paid by the processors for O3 grade heifers fell to 93p/lb.

A widening of the margin between prices paid for R and O grade cattle has added to the sharper fall in prices for poorer quality carcasses.

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