IRELAND - The cattle trade in Ireland is starting to heat up with meat plants actively chasing feeders for cattle and paying well above quoted prices to get stock.
According to the Irish Farmers’ Association Livestock Chairman Henry Burns some processors have paid a base of €4.35/kg for heifers and €4.25/kg base for steers this week.
Mr Burns said farmers are very busy with the good weather and agents are finding it very difficult to interest feeders unless they are prepared to offer well over quoted prices for cattle.
He added that numbers are tightening and meat plants are concerned about where they are going to get enough cattle over the next four months.
He said feeders know that this is the time to dig in and drive on the trade.
The IFA Livestock leader said bulls are also a strong trade with €4.25/kg on offer for U’s and some R’s. Cow prices are also rising with R grades making up to €3.90/kg and U grades over €4.00/kg.
TheMeatSite News Desk