IFA says cattle and sheep factory prices improving

IFA livestock chairman Henry Burns

Meat factory prices are improving as lamb and cattle supplies are falling, say IFA livestock commentators.

IFA livestock chairman Henry Burns has urged beef farmers to dig in hard and demand a strong price increase.

He said prices have moved on, with some deals of €4.00 base on steers and €4.10 base on heifers paid for this week.

Mr Burns said the tide is turning on cattle prices with supplies tightening rapidly.

He said the base for steers is €3.95 to €4.00 and €4.05/4.10/kg for heifers. He also said carcase weight is much less an issue with some of the big plants doing deals with no weight limit cuts.

Mr Burns said that bulls are making €3.70/3.80/3.90 for O/R/U grades, with better offers in places. Cows are making from €3.15 to €3.60/kg, with €3.30 for Os and €3.50 for R grades.

Meanwhile, IFA sheep chairman John Lynskey said hoggets are making €5.80/kg and top prices of €5.90/kg. With spring lamb numbers very low, butchers are paying up to €7.00/kg, with factory prices varying from €6.60 to €6.80/kg.

On weights, Mr Lynskey said that, after a very difficult spring so far, spring lamb producers need to be getting weights up to 21kg for April/May, and increasing from June 1.


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