Light supplies for beef at factories
Up to 90p/lb was paid for R grade under 30 months cattle yesterday and some producers got a shade more for quality stock but it was more difficult to get over 88p/lb by evening and quotes for today are generally 88p/lb for R grade under 30 months and ranging 86-84p/lb for O grade.
There were very few overage cattle being offered to the factories yesterday and the expectation is that most of the older cattle have gone through pre-Christmas to avoid the additional costs. There is still a market there for these older cattle. If they are good enough and over 400kg, Galtee Meats are offering 83p/lb. The more general price available is 80-82p/lb for any animals over 30 months.