Since mid-to-late May, prime cattle prices have been coming under pressure at Scottish abattoirs, with R4L steers falling 2.8% from a peak of 511.8p/kg in the week ending May 20 to 497.3p/kg in the week ending June 24. Nevertheless, prices still held a 9% increase over the same week of 2022 and a 24% lead over the five-year average, according to the latest market commentary from Quality Meat Scotland (QMS).
