Are factory bosses signaling that peak prices have been reached
Six Hereford cross bullocks born February '21 average weight 382 kilos sold for €990 each at a sale in Kilmallock Mart. Photo O'Gorman Photography.
The quoted prices for beef at the factories for this week are largely stable, which effectively means that producer returns are unchanged from a week ago.
The base for steers is generally at 520 cents/kg, with some suppliers negotiating deals to return 5-8 cents/kg above that from factories that are under real pressure to get the stock. The heifer trade is on a general base of 530 cents/kg and up to 540 cents/kg being paid in direct deals for good numbers.
