Choice quality assured steers close to €4/kg

Although the supply of stock to the factories has continued to increase, there is a slightly sharper edge to the trade this week.

While quoted prices are unchanged for the third consecutive week, some farmers are negotiating improved prices before parting with stock this week, with gains of 1-3 cents/kg generally achieved.

Base prices for steers are being quoted at 385 to 390 cent/kg (137p-139p/lb), with heifer prices on offer ranging 10-15 cent higher.