IFA SAYS SELLERS MARKET FOR BEEF CATTLE
Sunday, 08 May 2011 15:12


Monaghan IFA  Livestock Committee Chairman Andrew Boylan said cattle prices
are contuining to strengthen with factories having the pay €3.60 to €3.70/kg
base price for steers and an additional 6c to 10c/kg for heifers and bulls.
He said factories have paid €3.80/kg plus for quality heifers and bulls this
week.

Mr Boylan said it is a sellers market and numbers are extremely tight at the
factories coupled with very strong market demand. “ Factories are struggling
to get numbers and chasing feeders for stock.”

The IFA Livestock leader said feeders that have shopped around and were
prepared to move  have received up to 20ckg more than they were originally
offered

Andrew Boylan said feeders must take full advantage of the current positive
market and ensure they are getting full value for their stock.  He said
costs have increased substantially this year and feeders need current prices
to make a margin after a long and expensive winter.