The beef trade has finally steadied up this week after a number of weeks of drops.
This week’s quotes have started off at the same level as they finished up last week.
The general run of quotes is €7.40/kg base price for bullocks, with €7.50/kg being paid for heifers this week.
We’re coming into the peak killing weeks for Christmas, with demand still steady across the supermarket and manufacturing trade.
Breed bonuses of 30c/kg are still available for in-spec Aberdeen Angus bullocks and heifers.
Flat prices are still on the table, with €7.90/kg to €8.00/kg reported as being paid for in-spec Aberdeen Angus heifers this week.
Steady cows
Cows have also steadied up a little with some reports of less cows coming to the market in the next few weeks.
P+3 cows are coming in at €6.70/kg to €6.80/kg. Good O grades with flesh are still making €6.80/kg to 6.90/kg, with quality R grading cows coming in at €7.00/kg and a little above it in some locations.
The run-up to Christmas always sees demand drop a little for cows, as processors concentrate on prime beef.
The trade in young bulls is also at a similar level to where it was this time last week.
The going rate being offered for R and U grades is in the region of €7.60/kg to €7.70/kg, while P and O grading bulls are coming in at €7.30/kg to €7.40/kg.
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