IFA: Prospects for beef and livestock prices are positive

THE price prospects for the beef and livestock sector this autumn are positive, according to Irish Farmers Association president, Padraig Walshe.

He said the Brazilian beef ban secured by the IFA together with tight cattle supplies and buoyant market demand has delivered strong cattle prices this year. Pointing out that prices are up €200 a head on last year, he said the IFA Brazilian campaign has really delivered for Irish livestock farmers.

IFA Livestock Committee chairman Michael Doran said cattle supplies will remain tight this autumn with slaughterings projected to at least 100,000 head behind 2007.