Prices improve for R3 bullocks

Marts: Thirteen factories paid an average of 99p/lb or better for their supply of R3 bullocks last week, of which three topped the 100p/lb, as prices overall improved by a further 0.5p/lb.

Although the pace of increase has slowed in recent weeks, producers are continuing to squeeze more out of the industry in return for supplies of cattle which are remaining very tight as the last of the shed cattle are sold off, and new season supplies from grass are still a few weeks away.

A top price of almost 103p/lb factory average was paid by Carrigans for R3 bullocks, while Liffey Meats at Ballyjamesduff and Duffy's of Gort both paid over 100p/lb average with a further 10 factories paying between 99p/lb and 100p/lb mean Bergins of Co Kildare; Exel Meats, Kilbeggan; Newgrange Meats, Navan; Kildare Chilling, Kildare; AIBP at Clones; Jennings of Ballinrobe; Dawn Meats at Waterford and Ballagh- adereen, and Kepak plants at Clonee and Athleague.

There was no improve- ment in the overall average price paid for O3 bullocks at 96.6p/lb.

AIBP Group and Dawn Group paid about 0.5p/lb more, but the group buys cost 0.8p/lb and 0.5p/lb less than the national average. Kepak Group prices were on par with the national average of 99p/lb.

The overall average for R3 heifers matched the bullocks at 99p/lb with a top price of 102p/lb at Kepak at Clonee followed by Carrigans at 101.5p/lb and Slaney Meats, Bunclody also paying over 100p/lb.

Another six processors paid 99p/lb plus, AIBP at Nenagh, Bergins of Co Kildare, Liffey Meats at Ballyjamesduff, Duffy's of Gort, Exel Meats, Kilbeggan and Jennings of Ballinrobe.

Keen competition for cull cows pushed prices over 86p/lb for R4L at Dawn Meats, Ballyhaunis. AIBP at Clones paid an average of 85p/lb for O4H and Kepak at Clones paid just shy of 85p/lb average for P+4L shading the price at Liffey Meats a whisker.

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