Beef base price 'settled' at 525c/kg
Last week's intake was down by 15% on the same week in 2022, with the steers showing the biggest drop at 18.5%.
It has become an exercise like tightrope walking for the beef processors to balance intake with the requirement to supply the orders.
While the factories require all of the stock that they are currently getting, and would welcome extra most days of each week, the bosses remain resilient that upward movement on the prices paid must be kept to the absolute minimum.
