Beef market report: Base quote for steers squeezed down to 360c

The worsening impact of Brexit is taking its toll on beef prices at factories, with further reductions in the prices quoted for this week.

Most of the steers being slaughtered this week are being purchased on a base quote of 360 cents/kg.

But some of the kill for Monday and Tuesday had been ‘bought forward’ last week at 365 cents/kg.