The increase in the cow kill by 10% year-to-date may lead to tighter cattle supplies in the last quarter of 2023 as farmers hold back culling.
Despite a significant rise in factory intake numbers, beef prices are holding steady due to a €1.3bn export value increase, driven by stronger export volumes.
Irish factory prices are now lagging behind both Britain and the EU, indicating potential for further increases in export value and volume in the coming months.
The UK remains the leading market for Irish beef, valued at €616m, representing 47% of total beef exports during the first half of the year.
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