Balance of Ireland’s beef supply in farmers favour for price
Tight supplies and strong farmer resistance have maintained beef prices this week, according to IFA Livestock Committee chairman Brendan Golden. The IFA chairman revealed that with grass supplies good, cattle should only be moved as they become fit, as the supply-demand balance is very much in farmers’ favour. He said factories are paying €4.20/kg base price for steers this week, with up to €4.25/kg for heifers despite some lower quotes. Farmers…