€5/kg benchmark is breached in blow to finishers
The factory quotes for all categories have been further reduced this week, with the prices for prime beef animals, steers and heifers dropped by 5c to 10c/kg
The breaching of the €5/kg benchmark for beef animals at the factories this week has marked a physiological as well as a financial blow to the finishers.
For the first time in several years, finished prime beef animals being supplied to the processors on midsummer day are returning less per kilo than their counterparts had two and a half months earlier.
