Beef
Cow price quotes have continued to decline at most outlets, with offers back 50c/kg in some cases since the end of October.
This week's factory quotes for finished beef cattle sees some outlets increase prices while others have reduced their prices
To date in 2021, officers from the Department of Agriculture, Food and the Marine (DAFM) have conducted conducted carcass-grading...
The news of a Brexit trade deal agreement has led to some re-assurance and support for the Irish beef sector as we are entering the new year.
The ICSA is to mount a protest at ABP Clones as processors continue to "hammer beef farmers with price cuts".
Sheep
The number of sheep slaughtered in Department of Agriculture approved plants has tightened considerably and lamb prices have remained strong.
Steer and heifer base prices have fallen for the third consecutive week and 15c/kg has been knocked off base prices in little over 21 days.
A somewhat stronger cattle trade has seen the beef price offered to farmers, for both steers and heifers, rise by 5-10c/kg on last week's levels.
Beef prices have remained steady this week, with most processors reporting little or no change compared to last week's prices.
The latest figures show a drop in the beef kill of over 5% for the week ending October 30 compared to the previous week.
The beef trade has improved slightly as more processors are willing to pay an extra 5c/kg to secure both steers and heifers.
A further fall in the value of Sterling is adding further pressure on the Irish beef trade, but factory prices are holding steady.
