Suckler beef producers could lose €64m in deal, eco group warns

Irish suckler beef producers could be face up to €64m in lost imports following a TTIP deal, a Friends of the Earth Europe report has warned.

FEE’s report on the ongoing Transatlantic Trade and Investment Partnership talks notes that Ireland is listed as having the EU’s largest suckler beef herd.

If the US is granted a 50 000 tonne quota, Irish beef output will increase by 2.3% but its total value will fall by 1.7% (€34m) as prices drop.