A tightrope walk between the producers and processors on prices

The processors have tightened their grip on the margin they are willing to concede
A tightrope walk between the producers and processors on prices

Up to 505 cents/kg base is being paid for steers this week, but it is much harder to get to a base of 510 cents/kg which had been attainable in past weeks. File picture: iStock

With the rising supply of cattle to the factories holding prices has become akin to a tightrope walking exercise between the producers and the processors.

The strong demand for Irish beef on the export markets has become the key to keeping the prices being paid to producers from suffering downward pressure these weeks.

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