Supply variation worth 12 cent/kg

MOST of this week’s beef supplies for the factories were bought at prices unchanged from last week.

But there is more than a hint from the processors that prices are coming under pressure and they are giving no forward price commitments.

The general run of prices at the factories on Tuesday were 238 and back to 227 cents/kg (85p to 81p/lb) for R/O grade steers and heifers across the southern half of the country. As in previous weeks, supplies in the midlands are making 3 to 6 cents/kg (1p-2p/lb) more and in the north west, up to 250 cents/kg (89p/lb) continues on offer for R3 steers.