Irish beef prices hit new record ahead of Christmas
Supplies of finished cattle have tightened which, together with the strong market demand for beef, makes for the perfect scenario that producers know is the perfect combination to deliver decent returns.
Beef prices at the factories have reached an all-time record this week with processors hungry to get extra stock to fill their orders for Christmas.
An extra 5-10 cents/kg has been added to the factory quotes for both steers and heifers this week as competition between the meat plants to source sufficient intake continues to drive demand.
