Prime beef prices remain finely balanced between supply and demand with GB values more or less remaining unchanged, while the deadweight trade in Scotland over the past week has been mostly down.
Latest figures for the week ending September 16, show average steer prices in Scotland slipping by 0.3p to 392.4p, while heifer values dropped 2.8p to 393.1p. In contrast, young bull averages improved by 7.2p to level at 368.7p, with cows falling almost a penny to 281.4p.
This compares to prices south of the Border which have all improved on the week, with the average steer value up 0.3p to 368.3p, heifers up almost a penny to 370.6p; and young bulls and cows up a similar amount to 348.8p and 28.1p, respectively.
However, such prices could improve significantly if the UK is unable to reach an agreement on trade, when it leaves the EU.
According to a report by the British Retail Consortium (BRC), retail beef prices could rise by almost 30% if no agreement has been reached.
This it claims is due to the fact that three-quarters of food imported to the UK is from the EU and without a trade agreement, such imports would be subject to new tariffs.
As a result, the average price of food imported by the retailers would rise 22%, which could see beef values increase by 29%.
Andrew Opie, director of food policy at BRC said tariffs would be particularly high on meat and dairy products and therefore continued free trade with Europe post Brexit is essential for all consumers both in this country and on the continent.