Processors benefit as trade enters a 'buyers market'
Two Friesian bullocks born March '21 average weight 495 kilos sold for €920 each in Thurles Mart. Photo: O'Gorman Photography
The strength of supply of cattle to the factories has relieved any pressure on the procurement agents to meet the requirements as the trade enters a "buyers market" zone to the benefit of the processors.
The intake continued north of the 40,000 head mark last week, which was more than 3,000 head higher than the same week last year. The pressure has continued to mount on the quotes for cattle for this week as strong supplies continue to be moved off farms.
