Declining numbers in the markets lead to price increases – especially for smaller stocks

Market numbers continue to fall, causing prices for 300-600kg steers to continue to slide higher, while heifers have reversed the declines recorded three weeks ago.

Underpinning this rise is the rise in factory prices, but there are other factors: Many farmers have had a good year and have the most cash on hand in a long time, so they are buying stocks to reduce their tax burden.

https://www.independent.ie/business/farming/beef/cattle-mart-trade/falling-numbers-at-marts-prompt-price-rises-especially-for-lesser-stock-42162603.html Declining numbers in the markets lead to price increases – especially for smaller stocks

Fry Electronics Team

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