IFA calls for increase in cattle prices to curb losses in industry
Padraig Walshe, IFA president, said a price increase to €3.50/kg is fully justifiable based on the strong beef market price returns from Ireland’s main export market in Britain and on market returns from Europe. Winter finishers are not going to feed cattle at a loss for factories. Feeders at current prices are losing €100 to €150 per head.
“The factories and their agents have used every trick in the book to undermine confidence and hit the price. They have used sterling, the dioxin scare, the recession, job losses and everything else they could find,” he said.
