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Irish beef prices started edging up in early March, with steers around €3.75/kg and cows strengthening, though the Prime Irish Composite fell 3c to €3.68. Supplies of cattle are expected to be tight in Ireland and the UK, while meat factories have imposed price cuts that the report says the market does not justify.
Tight Irish and UK cattle supplies support European beef prices, and the tension between factory cuts and firming trade points to near-term price volatility.
ifa.ieMar 9, 2021Not enough comparable past events yet for a historical read.
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.
