Beef prices improve but Brexit and Covid still loom large

Now . . . maybe just  . . . some good news for beef farmers this evening.

IFA Livestock Chairman Brendan Golden says beef prices have strengthened in recent days as tight supplies and strong farmer resistance to the lower quotes from factories takes effect.

Just a quick snap shot of market prices . . . Steers are making €3.75 to €3.80/kg, with heifers making €3.80 to €3.85/kg.

The cow trade is steady, ranging from €2.90 for P grades to €3.40/kg for R and U grades with some higher prices.

Young bulls are ranging from €3.60 to €3.80/kg for R and U grades.

Speaking  to the Ocean FM’s farm news, Brendan Golden says the signs are encouraging but he added there is still a lot of uncertainty in relation to the beef market