Beef prices fall for second week

Marts: Beef prices at the factories have fallen for the second consecutive week, the official farmer pay sheet returns for last week have confirmed.

Although the throughput at the factories last week was see to be slightly down, it did not save producers who took an average of 0.6p/lb less overall, with reductions of up to 2p/lb being confirmed at some individual factories for bullocks in last week's kill.

The average paid for R3 bullocks was 93.5p/lb down 0.6p/lb while O3 grade was back by the same margin to an average of 91p/lb.