IFA Reports Beef Trade Stronger
IRELAND - IFA National Livestock Chairman Angus Woods said the beef trade has strengthened this week with some factories increasing quotes by 5c/kg.He said in general the base price for steers being bought this week is €3.95/kg and €4.05/kg for heifers.
Mr Woods said some plants are quoting lower but others are doing deals at higher levels to secure numbers. He said price offers of €4.08 to €4.10/kg for heifers have been made.
He said the cow trade is strong, driven by very strong demand for manufacturing beef.
He said very few cows are selling below €3,30/kg with the majority trading between €3.40 and €3.60/kg and top quality cows making over €3.70/kg.
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