Beef price falls to 480p/kg but scope for summer surge
Cattle rearers have been feeling the pinch as a result of falling beef prices, with ample supplies of stock coming forward, putting pressure on the trade.
Source: fwi.co.uk
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Cattle rearers have been feeling the pinch as a result of falling beef prices, with ample supplies of stock coming forward, putting pressure on the trade.
The tightening of supplies of factory-fit cattle and strong market demand has forced factories to increase prices this week.
"Factory agents have been instructed this week to leave no cattle behind."
The Irish Farmers' Association (IFA) has credited tight supplies factory fit cattle and strong market demand for improving beef prices.
Tight supplies to drive beef prices - IFA - 27 May 2024