High kills keep the ball firmly in factories' court
There appears to be as little movement in beef prices as there was in the Irish back line at the Aviva Stadium last Saturday.
The high kills are ensuring that the ball remains in the factories' court and with last week's kill at more than 39,000 head, the omens are not great for the next fortnight or so.
Base quotes for steers are generally at 295-298c/kg. Dunbia is offering a base of 300c/kg for the underage steers, but it remains at 295c/kg for the overage animals. Some plants have been anxious for heifers recently, with prices of 306-311c/kg being paid on a few occasions.
Factories mentioned at the above quotes include the big three, and Slaney, Kildare, Moyvalley and Liffey Meats. The latter plant, while on 300c/kg for the underage heifers, is quoting 295c/kg if the heifers are overage.
Donegal has improved by 3c/kg. For the in-spec Rs, it is paying 314c/kg and 322c/kg for the Us. Out-of-spec stock are 11c/kg back from those figures.
Staying with Donegal, the young bulls are making 294c/kg, 302c/kg and 311c/kg for the O+, R and U grades respectively. Kepak Clonee is on a similar figure for the Rs but is quoting 314c/kg for the U grades. AIBP Rathkeale is on 286c/kg for the Os, 300c/kg for the Rs and 314c/kg for the Us.
The IFA's Michael Doran said that he expects the last of the big kills to be over, with grass cattle at an end.
He added that farmers are determined to get prices up and are refusing to sell at many quoted prices, with some of them commanding 308c/kg and 319c/kg for R and U-grade bulls, while others are securing prices of 314-320c/kg for their heifers.