Tipperary farming: Christmas beef and lamb prices firm despite weather

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Tipperary farming: Christmas beef and lamb prices firm despite weather

Christmas beef and lamb prices were firm this week, with the bad weather disrupting supply to some outlets.

IFA National Livestock chairman Angus Woods said the Christmas beef trade was in peak demand and factories were very anxious for cattle.

Prices remain firm with the base price for steers ranging from €3.90/kg to a top of €4/kg all in.

He said heifers were in very strong demand with the base price at €4.05 to €4.10/kg.

Mr Woods said that market demand remained very strong and this is reflected in high cattle prices in the UK and across the main European markets.

He said UK cattle prices at £3.78/kg were equivalent to €4.53./kg including VAT at an exchange rate of 88 cent per £1.

Meanwhile, IFA National Sheep chairman John Lynskey has said the lamb trade remained firm with factories paying €5/kg.

He said this week will see peak Christmas demand.

Mr Lynskey said the weather had caused some disruption to trade, leaving supplies tighter in some areas.

Factories are quoting from €4.85 to €4.95/kg, but paying €5/kg and higher.