Demand for cows remians strong despite slip in factory intake

Beef Market Report 
Demand for cows remians strong despite slip in factory intake

A 545kg Aberdeen Angus steer born in June 2019 sold for €990 at Macroom Mart last Saturday. File Picture.

Beef finishers are clinging to the hope that the scale of downturn in the quoted prices from the factories for this week will be shortlived.

A further drop of 10-15 cents/kg in the prices being quoted for both steers and heifers at the plants has increased the downturn in producer returns by between €50 and €70/head conpared to two weeks ago.

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