New price system under pressure

The new system for setting the price paid to producers by the factories is coming under pressure with a negative reaction from an increasing number of suppliers.

Introduced less than three weeks ago, sources in the processing sector believe the future for the new price formula, which was devised by the Irish Meat Association, in consultation with the producer representatives, is already in doubt.

While some farming leaders gave a warm welcome to the formula-to-weight payment more in favour of the higher-quality carcasses, rank and file members have objected..

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