Producers call for action as prices tumble further

A FURTHER cut of up to 9 cent/kg (3p/lb) in beef prices inflicted by the processors yesterday has pushed angry producers to breaking point.

Producers call for action as prices tumble further

Calls came for immediate action as prices at the factories dipped to a seasonal low of 224 cent/kg (80p/lb) for O grade cattle 28 cent/kg (10p/lb) amounting to 100/head under the target price set by producers some weeks ago.

Producers met in Co Laois last night to discuss the situation and decide what course they should pursue to restore prices, which moved closer to free-fall this week even before any build-up of autumn supplies to the factories.

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