Bargain on price to get most from processors
The negative propaganda and unnecessary downward pressure processors are attempting to exert on the trade do little to promote optimism, especially among finishers.
The prices are not under anywhere near the pressure of the Mayo backs trying to mark the 'Gooch' in Croke Park on Sunday. This is probably due to farmers refusing to take lower prices, and there are plenty of examples to show that shopping around and bargaining is paying dividends when you see some farmers selling steers at low base quotes of 350c/kg, while others are securing up to 10c/kg more.
The gap in heifers is even bigger, with some accepting as low as 357c/kg base on the same day as other finishers negotiated up to 372c/kg flat for under- and overage R and U grades.
Generally, the base quote for the steers is in the 350-355c/kg bracket, with actual prices paid ranging from 352c/kg to 360c/kg. Quotes for the heifers vary from 357c/kg to 364c/kg.
Prices are at 360-370c/kg, with some flat prices above this being bargained for, and secured for, larger numbers.
Donegal are on 355c/kg, 364c/kg, 372c/kg and 381c/kg for the O-, O+, R and U-grade steers respectively, with the heifers at 3c/kg more.
Their bull prices are at 345c/kg for the O-, 358c/kg for the O+, 367c/kg for the Rs and 375c/kg for the U grades. Elsewhere, the U-grade bull quotes range from 361c/kg to 370c/kg, with the Rs at 355-358c/kg.
A flat price for a mix of Rs and Us of 378c/kg agreed early last week is being secured for bulls to be killed later this week. Quotes for the Os are at 344-350c/kg.