South of Ireland hardest hit as the two-month-long slide in beef prices continues
Most of the factories are offering a base of 485 cents/kg for steers and 490 cents/kg for heifers this week.
As the beef prices at the factories suffer a further cut this week, the finishers are counting the heavy cost of having waged their euros on the optimism of a strong early summer trade.
The processors have reduced prices for most categories of supply by at least a further 5 cents/kg this week. Suppliers measuring their losses are in a guessing game as to what the trade forward is going to settle at on price.
