A week of highs and lows as marts are still feeling the effects of sweltering sunshine

I thought things were right bad in the beef farming world, until I heard the news regarding former media tycoon Tony O’Reilly.

Sir Anthony, once Ireland’s richest man, has by his own admission accumulated debts amounting to nearly €200m. In the High Court during the week AIB who are owed €22m claimed that the man was insolvent .

Those of us who try and make a living from beef farming are only all too aware of what it’s like to be short of money.