Beef finishers have endured another damaging week’s trading, with prices falling by another 10c/kg. This leaves steers and heifers trading on a base of €3.40/kg. This represents a reduction of 40c/kg to 45c/kg on the corresponding period in 2019, which should be noted was a drop of 15c/kg to 20c/kg on previous years for April trading.
It is no surprise that finishers are extremely frustrated, with losses from winter finishing mounting. Producers with stock deemed out of spec are facing an even tougher trading environment, with factory appetite low for cattle killing at heavy carcase weights and overage cattle.