Beef prices at factories gain at least 5c/kg

Beef market report

Last week's cattle sale at Kenmare, Co Kerry. File Picture.  

Beef prices continued to harden at factories this week, as pressure comes on processors to secure sufficient supply to meet market demands.

Quoted prices have increased by at least a further 5c/kg, with the rise in prices across all categories of stock, reflecting the supply deficit which has been building over the past number of weeks at factories.