January 13, 2021 6:00 am
A further demand by processors for cattle has resulted in a positive rise in quotes offered by procurement managers this week.
Heifers are now moving off a general base price of €3.80/kg, with reports of prices up to €3.85/kg achieved in some plants based on the farmer’s relationship with the factory.
This means working off a base quote of €3.80/kg for an R= grading Angus heifer (under 30-months-old, with a fat score of 3+ and no more than three farm movements) – she should achieve a quality assurance herd bonus of €0.20/kg, bringing her price up to €4.00/kg.
Adding a predicted breed bonus of €0.20/kg, her final price will potentially rise up to €4.20/kg.