Factories play down down hopes of further rises – but market looks in farmers’ favour

'Because cattle got to grass late and some were backward after the very long winter, there is a very good possibility that if you don’t feed early this year, you run the risk that they will be gone over 30 months by the time they are fit; and that delay will cost' Photo: Roger Jones

Martin Coughlan

Following the surge in quotes of 10-15c/kg over the last two weeks as numbers fell, factories are keen to dampen expectations of any further improvements.

The talk was of difficult market conditions, making it problematic to hold current prices.