Finishers more confident as supply and demand move in their favour

Beef market report

Some of the stock for sale at Kenmare Mart last Thursday.

The markets continue to take high volumes of beef, and finishers with factory-ready cattle are becoming more confident, with supply and demand well balanced.

Processors are finding little room for manoeuvre on price, if they want to keep the cattle supply flowing, which they do, leaving market power edging more in favour of finishers.