Factories cut a further 5 cents/kg off the baseline this week

Most of the factories are offering a base of 465 cents/kg for steers this week and trying to stick to it
Factories cut a further 5 cents/kg off the baseline this week

Three Friesian cows born March '15 average weight 621 kilos sold for €950 each in Cashel Mart. Picture: O'Gorman Photography.

The processors are continuing to exert downward pressure on the prices as the intake of cattle at the plants increases week on week.

While the autumn peak supplies of well above 40,000 head experienced in previous years are considered most unlikely to be repeated this season, a weekly supply of 37,000 - 38,000 head is a comfortable position for the factories.

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