€75 per head price cut in a month for some farmers

THERE has been further downward pressure on beef prices at the factories this week, and the supply of cattle continues to increase towards its autumn peak.

The factories have reduced prices by 3-6 cents/kg (1p-2p/lb), cutting base prices on offer for steers to 294-297 cents/kg (105p-106p/lb).

Heifers are worth on average 5-7 cents/kg more than the steers.