Factory prices: Reports of 10c/kg more for beef and 25c/kg more for lamb

Demand has been a big contributor to the lift in the prices for the week.
Factory prices: Reports of 10c/kg more for beef and 25c/kg more for lamb

Three Belted Galloway bullocks born March 2020, average weight 486kg, sold for €1,040 each at a sale in Bandon Mart. Irish finishers with stock at slaughter point are benefiting to a level exceeding their expectations. Picture: O'Gorman Photography.

Beef prices at the factories have continued their upward trend with further gains for producers as the processors compete for supplies, despite the strength of the weekly intake.

Base prices on offer from the factories have increased by up to 5 cents/kg in general, with some of the factories paying up to 10 cents/kg more for supplies this week, depending on the location and the pressure to get the extra stock.

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