Prices inch upwards as processors  compete to buy beef cattle

Beef market report

At Macroom Mart last Saturday, nine Friesian bulls (8-12 months old) of 438kg sold for €720.

A gradual upward trend in beef prices at factories continued this week, as processors responded to demand pressure.

For beef cattle finishers in the early weeks of a new year, it is a long time since they encountered the level of new year 2021 demand now apparent at the factories.