Resistance from suppliers to attempts to cut beef prices
Three Hereford cross bullocks born February '21 average weight 483 kilos sold for €1,170 each in Dungarvan Mart. Picture: O'Gorman Photography.
Strong resistance from suppliers has countered processors' attempts to further knock back prices for this week's cattle intake.
The factories have strong demand for beef and cannot afford to risk the intake falling below their minimum requirements if they forced their hand by cutting the prices further.
