SUBSCRIBE

Breaking News on Global Meat Trading and Processing

Headlines > Livestock

Read more breaking news

 

 

Irish farmers call for government intervention on beef prices

Post a commentBy Aidan Fortune , 22-Aug-2017

The Irish Farmers' Association has urged government action on beef prices
The Irish Farmers' Association has urged government action on beef prices

The president of the Irish Farmers’ Association (IFA) Joe Healy has called on the Minister of Agriculture Michael Creed to intervene on cuts to cattle prices. 

He said that Creed could no longer ignore major cuts in cattle prices at the meat factories, which have left beef farmers out of pocket this year.

According to the IFA, cattle prices have been cut by more than €100 per head in the last month, which has eroded any chance of profit for farmers selling cattle in the autumn, when it is peak selling time.

Healy said Minister Creed and the Department of Agriculture “have worked hard” and made considerable progress on market access issues and he could not allow factories to undermine the value of this work with unjustified beef price cuts.

He called on the Minister to insist that there was competition in the trade and that market returns were fairly passed back to farmers, as well as ensuring that market access delivered real price gains and stability to farmers.

The IFA president said market demand for beef remained strong and that cattle prices in the UK were the equivalent of €4.42/kg (including VAT) while price increases in the UK market had outpaced the changes to the sterling exchange rate over the last two months.

He added that EU cattle prices were showing signs of improving, which is to be expected at this time of year as schools prepare to return, and that there was no overhang of stock, as was the case from the EU dairy cow cull this time last year, with the demand for manufacturing beef very buoyant.

Post a comment

Comment title *
Your comment *
Your name *
Your email *

We will not publish your email on the site

I agree to Terms and Conditions

These comments have not been moderated. You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment. Any comment that violates these terms may be removed in its entirety as we do not edit comments. If you wish to complain about a comment please use the "REPORT ABUSE" button or contact the editors.

Related products

Related suppliers

Key Industry Events

 

Access all events listing

Our events, Shows & Conferences...

Live Supplier Webinars

Packaging for Export
William Reed Business Media
All supplier webinars