The beef trade is going to end 2024 on a high, with the supply and demand balance tipped in favour of beef finishers. Bullocks are working off quotes of €5.50-€5.55/kg this week, while heifers are on €5.55-€5.60/kg – with more going to regular customers and those with numbers.
The beef trade is going to end 2024 on a high, with the supply and demand balance tipped in favour of beef finishers.
Bullocks are working off quotes of €5.50-€5.55/kg this week, while heifers are on €5.55-€5.60/kg – with more going to regular customers and those with numbers.
R4L bullocks in Britain are up at 550p/kg (€7.00/kg including VAT), leaving a massive gap of over €1/kg or €350/head on a 350kg carcase.
European markets are also performing very well, with U-grading Italian young bulls hitting €6.41/kg this week. Present indications are that it will be a strong start to 2025 for the beef trade, with finished cattle numbers remaining in very tight supply.
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