Meat processor ABP to increase base price of beef cattle for delivery to plants

Meat processor ABP said today it will increase the base price of beef cattle for delivery to its plants from next Monday.

A spokesperson for the company said this had been indicated on Tuesday at the Beef Task Force meeting, and added:

“The company is at a complete loss to understand why Joe Healy, the outgoing IFA President, pursued a course of irresponsible, disruptive and illegal action at retail distribution centres this week.

"The Beef Task Force met on Tuesday and Joe Healy and the IFA were fully aware that market indications pointed towards a cattle price increase in Ireland.“

The price paid by ABP for cattle will always be determined by the prevailing market conditions, and those conditions have recently improved, said the spokesperson.