IFA dubs beef price cuts ‘shortsighted’

Mr Hanrahan warned the Department of Agriculture that the vital EU market for Irish beef cannot be undermined by allowing additional access to cheaper produce in trade deals that trade off farmers for big industry

It comes after a further reduction of 10c/kg to beef prices this week was imposed by factories. File picture

Factories need to take a longer-term view on beef prices and reverse the price cuts they have already put in place, urges the IFA.

Irish Farming Association livestock chair, Declan Hanrahan, warned that cattle numbers are set to be down by almost 100,000 for processing between now and the end of the year, based on Bord Bia projections. This appeal from the IFA comes after a further reduction of 10c/kg to beef prices this week was imposed by factories.