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Irish beef prices now 42c/kg behind UK

Beef supplies are tighter and factory quotes are rising – that’s according to the Irish Farmers’ Association.

The farm organisation pointed out that supplies should get much tighter over the coming weeks, as there are 55,000 fewer cattle, according to AIMS data.

Quotes

Beef processors are paying a base of €3.60-€3.70/kg for steers this week, while heifers are ranging from €3.65-€3.75/kg.

Meanwhile, between €3.40-€3.65/kg is being quoted for O/R/U grade bulls, while some plants are quoting between €2.90-€3.40/kg for cull cows.

Brendan Golden, IFA national livestock chairman, is encouraging farmers to “dig in very hard”, reject quotes prices and request at “least 10c/kg more”, adding that UK price is 42c/kg ahead of the Irish price.

Last week’s beef kill

36,234 cattle were slaughtered in Department of Agriculture, Food and the Marine-approved plants during the week commencing January 28th, according to its database.

Breakdown:

  • Young bulls: 6,427;
  • Steer: 11,259;
  • Cows: 7,828;
  • Heifers: 11,674. 
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