IN THE KNOW

Irish Independent - Farming - - BEEF RINGSIDE -

“Trade was very strong for both bul­locks and heifers with both up by maybe €50/hd,” said Thomas Pot­ter­ton of an im­prov­ing store and for­ward store trade. Thomas noted that prices are markedly up on 2017. Bul­locks un­der 400kg: May 2017 av­er­age price €1.98/ kg, last week €2.10/kg. 500-550kg: May 2017 €2.02/kg last week €2.39/kg; the av­er­age price of the 550-600kg bul­lock was up 47c/kg at €2.47/kg last week as against the May 2017av­er­age of just €2.00/ kg. Thomas cred­its these im­prove­ments to “prob­a­bly a com­bi­na­tion of bet­ter cat­tle and a stronger out­look for beef in gen­eral”.

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