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No one knows where peak beef prices will end up

Suppliers are reporting that processors are offering increases of 20-25 cents/kg to get cattle for killing this week with added perks including part or all of the haulage, to further sweeten the deal
No one knows where peak beef prices will end up

Information on the ground is that the percentage of finishers who have ditched selling to the plant 'on the grid' is increasing sharply and processors are willing to deal on 'flat price' purchases before leaving stock behind them.

Competition between the processors for cattle is continuing to drive the prices into 'beyond your dreams' territory week on week as the trade booms.

The factory prices are edging ever closer to €8/kg - almost double what the same animals were worth a year ago - and no one is willing to wager a toss on what the spring 2025 all-time record price will reach.

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