The price that farm output gets often comes back to simple supply and demand factors. While we are dependent on a global market, when local supplies are tight we see quick movement.
A good example of this is this week’s beef trade. A lower kill, coupled with increased retail demand has seen quotes increase which will be welcome news to winter finishers.
The live export trade is also showing a lot of positivity.
Disease restrictions across Europe are playing into Irish hands, but weanling supply is also restricted with 60,000 less suckler calf registrations, pushing weanlings to €4/kg.
The price that farm output gets often comes back to simple supply and demand factors. While we are dependent on a global market, when local supplies are tight we see quick movement.
A good example of this is this week’s beef trade. A lower kill, coupled with increased retail demand has seen quotes increase which will be welcome news to winter finishers.
The live export trade is also showing a lot of positivity.
Disease restrictions across Europe are playing into Irish hands, but weanling supply is also restricted with 60,000 less suckler calf registrations, pushing weanlings to €4/kg.
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