Beef processors tighten control on price rises

There’s still a very positive tone to the trade overall, writes Martin Ryan

Base quotes for steers purchased on the grid range from 750–760c/kg.

Beef processors are showing signs of exercising more “control” over further increases in prices being paid for stock supplied to their plants this week.

“Some of the factories are willing to pay a few c/kg more to get the stock this week, but others are trying to stick to last week’s prices — there’s a definite sign of the brakes being applied to the trade,” says one supplier.