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Irish beef kill for the week ending October 25 exceeded 36,500 head, over 6,700 above the same week last year. Autumn factory cattle supplies have run well ahead of last year, surprising the trade.
Beef prices have come under some pressure, though demand for prime cattle ahead of Christmas is seen as strong.
Heavier Irish supply and softer beef prices weigh on European cattle values, while steady Christmas demand limits downside for prime stock.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.