Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Cookies that are categorised as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience. Read our privacy policy here for more details.
Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Beef Prices Rising as Supplies Tighten

IFA National Livestock Chairman Angus Woods said that cattle supply numbers have tightened considerably in the last few days with some factories out of cattle last Thursday/Friday and struggling to get adequate supplies for the kill this week.

Prices have kicked on with farmers insisting on price increases of up to 10c/kg.

Flat prices of €4.00 and €4.05/kg have been paid for Angus stock. In addition , farmers are bargaining and getting flat prices on O grade stock and over 30 month cattle.

The base price on the QPS for steers has also moved up with €3.75/kg now more common and €3.85 for heifers. Cow prices have also kicked on by up to 10c/kg.

In the UK,  the price has moved on with the AHDB reporting the R3 steer price up another 2p/kg at £3.63/kg, which is equivalent to €4.54/kg. With the increase in the British price and the exchange rate at less than 84p/€, there was significant scope for the factories to increase prices.

Against a more positive market background farmers should dig in hard and demand strong price increases from agents and factories. Farmers selling cattle out of sheds need a substantial price rise at this time.

Related Articles