Beef processors tighten reins on supplier prices

Beef processors tighten reins on supplier prices

Three Angus cross bullocks born March '21 average weight 553 kilos sold for €1,300 each in Macroom Mart. Photo O'Gorman Photography.

The beef processors are continuing to tighten their rein on the prices being paid for livestock as the usual peak supply season approaches for the summer finished cattle to move off the farms.

But the pace by which the factories can ease back on their prices is being tempered by the requirement to maintain a strong intake to meet the demand for beef on the markets.

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