Beef price slump no surprise

THE predicted and inevitable beef price slump has arrived.

“Any animals approaching slaughter weight will be bundled out the door to qualify for the last of the slaughter premium towards the end of the year, even though sellers may lose out, if the factories respond with a price cut in the face of over-supply”.

That’s from our pages in the first week of January, 2004, when we reported Liam Dunne of Teagasc’s predictions.