Sun continues to shine on the beef trade

'Nobody in beef production has ever seen January factory prices anywhere approaching where they are this new year'

Finishers with decent numbers of factory-ready cattle are getting above €6/kg this week.

While the temperature has dropped well below zero in all parts of the country this week, the sun continues to shine on the beef trade at the factories for producers with stock to sell.

Beef quotes at the factories continued to increase this week, as the processors came under pressure to secure sufficient supply of cattle to fill their order for replenishing shelves at the supermarkets post the Christmas demand.