IFA president calls for immediate increase in cattle prices to halt losses

MEAT factories must move urgently to resolve a number of issues for farmers selling cattle under the quality payment system, according to Irish Farmers Association president John Bryan.

He said the priority is that cattle prices must increase by 15c to 20c/kg in order to halt the losses being incurred by winter finishers.

“With strong British and European Union beef prices and sterling back at less than 88p/€1, there is major scope in the market for factories to lift beef prices,” he said.