Sunday, July 3, 2022
14.5 C
Galway
HomeBeef‘Strong’ factory demand for in-spec cattle and cows
Reading Time: < 1 minutes

‘Strong’ factory demand for in-spec cattle and cows

Last week’s beef kill stood at 35,641 cattle, according to the Department of Agriculture, Food and the Marine’s database.

Breakdown:

  • Young bulls: 5,068;
  • Bulls: 407;
  • Steers: 11,944;
  • Cows: 6,605;
  • Heifers: 11,542.

133,441 cattle have been processed in DAFM-approved beef plants this year (excluded this week’s kill), in comparison to 138,337 during the corresponding period last year.

Beef factory quotes

Factories are paying a base of €3.65/kg for steers, while a base price of €3.70/kg is being quoted for heifers.

Cows are ranging from €2.90-€3.40/kg this week, while beef plants are reportedly quoting between €3.40-€3.60/kg for young bulls.

There is “very strong factory demand for in-spec cattle and cows”, with some plants paying 5-10c/kg above quotes”.

- Advertisment -

Most Popular