Cull trade hit hardest as prices ease
Some processors have maintained their prices for better quality cattle and cut prices for the poorer grading animals by 1p or 2p/lb, widening the price gap between R and O grades to 4p/lb, as the supply of cattle continues to edge upwards and the factories feel that the worst of their supply problems are now in the past.
Kepak at Watergrasshill, Slaney Meats, Bunclody and sister factories, Exel Meats at Kilbeggan and Newgrange Meats, Navan all quoted 98p/lb for R grade on Monday and were offering 94p/lb for O grade animals, with everyone signing the same tune, that prices have peaked for the year, after a record six month run which was unequalled since the early nineties.
