Prices hold as processors test the reaction to the recent cuts

Beef Market Report: Intake at the factories is now continuing to hover around 34,000 head
Prices hold as processors test the reaction to the recent cuts

The reserve champion at a weanling show & sale in Skibbereen Mart. A Limousin bull weighing 405 kilos sold for €980 is pictured with Denis O'Donoghue, Mart Manager, Ashling Barry, West Cork Distillers (sponsor) & owner by Chris Whelton, Skibbereen. Photo O'Gorman Photography.

The trade has steadied for beef animals at the factories for this week as the processors 'bed in' the reductions in prices over the recent weeks, while intake has also steadied.

Holding their prices at last week's level is being interpreted by producers as the processors testing the reaction to the recent cuts and the impact that the lower prices are having on the flow of cattle.

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