Beef Price Report: Processors feel that they have the scope to tighten prices

There was very little change in the intake at the processors for last week with the supply almost on par with the corresponding week last year.

Pictured at the store cattle show & sale in Bandon mart are Padraig Twomey, ABP, judge, John O'Sullivan, FBD, sponsor, Mervyn Busteed, Lisaphuca, Bandon owner of the winner of the Friesian beef cow class, Donal Kelly, mart chairman & Sean Dennehy, mart manager. Picture: O'Gorman Photography

It is another 'steady as she goes' week on the beef front at the processors, at least on the surface, as the flow of cattle shows very little change.

Beneath the surface, however, there are slight signs of a tightening by the processors of their rein on conceding higher prices to get the stock with more of the plants reported to be pulling back on paying above their quoted prices this week.