Irish winter finishers need beef prices to rise
At current low prices, finishers are in loss-making territory.
Angus Woods said this week factories are paying a base price of €3.95 for steers and €4.05 for heifers. Mr. Woods said some prices above these level have been negotiated with a base of €4.07 and €4.08 plus transport paid for heifers. He said supplies are being disrupted by the weather difficulties and some feeders close to plants that can guarantee supplies are being offered more.
The IFA Livestock leader said last week’s supply of adult cattle was just over 34,000 head and demand has also picked up well since January.
Mr. Woods added cull cow prices were rising in the UK market reflecting the strong trade in manufacturing beef.
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