Quotes back by 5c/kg due to bank holiday price reset
IFA Livestock chair Declan Hanrahan said tight supplies and strong demand are driving the beef trade in our key export markets
‘While the talk is of quotes being back 5c/kg to €5.10/kg for bullocks and €5.15/kg for heifers, in reality the vast majority of this week’s kill will go through the system at last week’s prices of €5.15-5.20/kg’ Photo: Brian Farrell
“They are doing an awful lot of grumbling about prices and not being able to sell it at the other end” — this is the explanation offered by one factory agent from the south in relation to why his quotes were back 5c/kg for both bullocks and heifers on Monday morning.
He wasn’t the only one with bad news on factory quotes over the weekend, with news filtering through from across the country that factories all over had taken the opportunity of the bank holiday weekend to reset their prices.
