Lebanon sales boost for farmers

Farmers’ confidence in the cattle trade over the coming weeks has been boosted by the news that up to €74/cwt is being offered for cattle for shipping to the Lebanon.

Filling of a vessel by Dillon Livestock Exporters, which is destined for the Lebanon is scheduled to start at Waterford early next week with a price of €74/cwt (£58) being offered to supplies for quality cattle. The shipment of bulls has met with immediate response from suppliers with capacity for the shipment booked out within hours.

This will be the first live shipment of bulls to the Lebanon by Dillons in five months and following assessment of the situation, they are expected to decide on the future of this trade. There is considerable potential in the Lebanon to take a considerable supply of cattle for the remainder of this year.