Beef prices remain static, with steers moving at a base of €3.90/kg and heifers at €4.00/kg.

Sellers with cattle that factories deem out-of-spec are facing more price pressure, along with potential delays in getting animals slaughtered and price penalties.

The difficulties faced have led to IFA’s Henry Burns calling on Minister Coveney to immediately reconvene the Beef Forum.

Sheep farmers are faring better, with prices exceeding €5/kg in recent days. Tighter supplies have raised competition levels, with agents working hard to secure orders.

The improvement in factory prices has been reflected in a further €3 to €5/head increase in mart prices.