130p/lb for mixes of U and R steers

ALTHOUGH the weekly intake of cattle at beef factories has gone ahead of 2007 levels for the first time this year, market driven demand is ensuring that an upward cattle price trend continues.

130p/lb for mixes of U and  R  steers

Prices being paid have hardened by 3 to 6 cents/kg (1p or 2p/lb) at the plants this week, as processors and their agents compete vigorously for the supply of finished cattle, which still remains tight relative to demand.

Prices being paid by processors in the southern counties — who usually trail the rest of the country — have advanced most in recent weeks, many of them increasing prices to parity with some of the best paying processors in the country.

More in this section

Farming

Newsletter

Keep up-to-date with all the latest developments in Farming with our weekly newsletter.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited