Extra demand for new Midleton line

AN increase in the supply of cattle to beef factories has delivered the usual response of lower prices from processors.

Quoted prices have dropped by as much as 8 cents/kg (3p/lb) for steers, while quotes for heifers are down by as much as 11 cents/kg (4p/lb).

Although the upward trend in the supply of cattle has eased, demand for prime beef cuts has weakened on export markets.