Processors keep a ‘tight rein’ on prices being paid for stock

Markets performing better than some might have expected
Processors keep a ‘tight rein’ on prices being paid for stock

At Skibbereen Mart last Friday these two Ch steers born in 2020 and weighing 380kg, sold for €1,060. Picture: Denis Lehane. 

It continues to be a tough struggle for finishers to get extra on price from the processors while the intake versus the demand for stock at the factories remains very finely balanced.

The belief is that the processors are getting just about sufficient to meet their minimum demands presently and remain under pressure to keep the cattle flow at its present level while maintaining a tight rein on the prices being paid for the stock.

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