No limit to the 'appetite' from processors for cattle at the factory gates

The base for steers has moved this week to 475 cents/kg in general with some deals at 480 cents/kg for most of the country and a few lots reported at 485 cents/kg
No limit to the 'appetite' from processors for cattle at the factory gates

Three Simmental cross bullocks born July '20 average weight 468 kilos sold for €1,070 each at a sale in Corrin Mart, Fermoy. Photo O'Gorman Photography.

Beef finishers are beginning to believe that there is no limit to the 'appetite' for cattle at the factories as the trade and prices continue to surge ahead as never before.

The processors have conceded a further strengthening of 5-10 cents/kg in the prices being paid for the stock as the competition between the factories for finished cattle force their hand on the price.

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