Marginal drop in price of bullocks

Marts: Producers’ pay-sheet prices at the factories for last week show the drop in quoted prices was only marginally reflected in the actual prices paid for bullocks.
Marginal drop in price of bullocks

Overall, the average price paid for R3 bullocks was less than a half penny/lb under the previous week. While some individual factories did a reduction of up to 1p/lb in the cost of bullocks, in line with the change in quoted prices, only a marginal reduction was achieved at other plants.

Two third of the operating factories paid an average of 85p/lb or better with one factory average cost dropping to under 84p/lb. The best average of 248c/kg (88.5p) was paid at Carrigans of Donegal with Honeyclover at Freshford, AIBP at Clones, Liffey Meats, Ballyjamesduff, Bergins Moyvalley Meats, Co Kildare, Exel at Kilbeggan and their sister plant Newgrange Meats, Navan all on 240-245c/kg (85.8p-87.5p/lb).

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