Beef markets enter 2023 on positive footing

Young bull beef has become the Cinderella of the prime trade, writes Martin Ryan. 

Cow carcasses in slaughterhouse

The New Year has started on a positive footing for beef producers as the prices at the factories continue to firm, and the outlook for the year ahead looks encouraging.

However, it is not an all blue sky on the horizon, as signs emerge of consumer resistance to paying the higher prices is expected to be reflected in a slight drop in consumption on the wider markets.