Factories feeling the heat as numbers tighten
Factory prices of €370-3.75/kg for bullocks and €3.80-3.85/kg for heifers are coming under pressure as numbers tighten.
Last week's kill numbers were not available due to the Bank Holiday, but the belief in the trade is that the days of kill numbers in the 37,000-38,000hd bracket are finished for this year.
You can always tell the factory trade is about to turn when the under-age Friesian bullock moves front and centre.
Farmer with underage Friesian bullocks to sell this week can expect to see deals being offered on a flat basis, i.e. off the grid, in the range of €3.70-3.75/kg for Os.
Meanwhile the man with the better bullock or heifer may be struggling to get a base above €3.75/kg for bullocks or €3.85/kg for heifers.
However, the story across the west is that those buyers who are serious about doing business are offering bases of €3.80 and 3.90/kg respectively for bullocks and heifers.
There are numerous factors that come into play at this time of the year in determining supplies not least the effect of the weather on the grazing season.
One agent told me some of his clients were anxious to do deals last week to empty sheds and make room house stores who were doing damage outside.