North’s factories pay 8c/kg over quotes on average for prime beef

Worth up to 17c per kg to haggle for more than the beef price offered by processors

Figures from Northern Ireland show that it is worth up to 17c per kg for farmers to haggle for more than the price offered by processors for their beef cattle.

Analysis of the beef cattle trade in Northern Ireland shows that finishers happy to take the prices quoted by processors are losing out on 9c/kg (8p/kg).

The Livestock & Meat Commission of Northern Ireland took deadweight prices paid for R-3 steers in 2020, and compared them to prices quoted by major beef processors in the North.