Beef price drops below €7/kg as processors tighten grip

It is the first time since mid-March 2025 for this price level, despite supplies to processing plants running below the same period last year

The reduction is certain to raise serious concerns among livestock farmers about expectations for the year ahead.

After weeks of threatening further cuts, processors have acted this week to take another bite out of finishers’ returns by breaching the €7/kg barrier.

It marks the first time since mid-March 2025 that steer finishers are being offered for less than €7/kg, despite cattle supplies to processing plants running well below the same period last year.