560 cents/kg is 'the going rate for Angus heifers'

There is continuing strong demand at factories participating in Angus and Hereford schemes

The factories want to get the cattle because they have the markets, which is a good thing. 

A tightening of their grip on the money by the processors has wiped some of the shine off the general run of the beef prices at the factories for this week.

The exception to the tightening on returns are suppliers of Angus and Hereford. They are in a position to rebalance return after the breed premiums have been increased to 25 cents/kg and 20 cents/kg respectively, which is typically worth €60-€80/head on the qualifying animals.