Euro falls to 86p but beef finishers still wait for price improvements

Beef market report

At Macroom Mart last Saturday, this Limousin weanling bull of 475kg sold for €1,010.

Beef processors seem anxious to take in cattle this week, but continue to resist finishers’ demands for a lift in prices.

Anger is increasing among finishers, because rising cattle prices in the export markets for Irish beef are not being reflected in the local beef trade. Cattle prices in Britain (€4.42) and Northern Ireland (€4.38/kg) advanced in recent weeks, widening the gap with the Irish prices.