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Irish beef factory prices were unchanged this week, with steers at 355-360 cents/kg and heifers at a 360 cents/kg base. Intake is up in recent weeks, though it is still 40,000 head below 2019.
Reopening of some food service is boosting demand.
Balanced supply and demand and reopening food service keep European beef prices steady, with little price pressure either way.
Not 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.