Beef prices must remain strong to deliver a realistic margin
The ICMSA is aware of reports that a number of factories have been short up to 100 cattle against the daily kill plan.
It is essential that beef prices remain strong for the year ahead so as to close the gap with the UK and deliver a realistic margin for farmers, the Chairperson of ICMSA’s Livestock Committee, Michael O'Connell has said.
Base prices for steers and heifers have seen positive upward momentum since Christmas with a €5.60c/kg base price freely available for both categories and more to be gained through a bit of negotiation. Flat prices of up to €6.20c/kg is available for in-spec Angus cattle while Friesian steers have commanded up to €5.70c/kg.
