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.