IFA president seeks fare share of retail price for producers

Cattle prices from €4 to €4.50/kg and mid-season lamb prices of €5 to €6.00/kg are essential to cover the cost of production on the most efficient farms, says IFA president Joe Healy.

IFA president seeks fare share of retail price for producers

He has called for stronger action from the EU and Government to address the ongoing income challenges in the beef and sheep sectors. Speaking at the Farmers Journal open day on the Tullamore suckler and sheep farm, he said viable price returns are possible once there is a fair share out of the retail price across the chain.

“Beef markets are in a strong position and there is no basis for any pressure on cattle prices,” said Mr Healy. “In addition, live exports are performing very well, up 45%, with 140,000 head exported to date this year.”

He said a policy framework must be developed to return viable cattle and sheep prices and increased targeted direct payments to boost confidence in the sectors — worth €2.5bn in output value.

Mr Healy said demand for beef is strong and export market prices, notably in the main UK market, are very strong. Cattle numbers will be much tighter than originally forecast due to increased live exports and lower carcase weights.

IFA livestock chairman Angus Woods said Ireland can add on extra payments for welfare to the existing Beef Data and Genomics Programme for suckler cows.

He said this would help increase direct payment for suckler cows towards the IFA target of €200 per cow and could be financed from the national and EU underspend across some RDP schemes.

more courts articles

DUP calls for measures to prevent Northern Ireland from becoming 'magnet' for asylum seekers DUP calls for measures to prevent Northern Ireland from becoming 'magnet' for asylum seekers
UK's Illegal Migration Act should be disapplied in Northern Ireland, judge rules UK's Illegal Migration Act should be disapplied in Northern Ireland, judge rules
Former prisoner given indefinite hospital order for killing Irishman in London Former prisoner given indefinite hospital order for killing Irishman in London

More in this section

Joe Biden Biden increases tariffs on Chinese imports of electric cars and chips
Construction - digger working at building site on sunny day Large investment funds eye office and data centre projects now interest rates are about to turn
Housing and renewable energy remain key focus for Cork businesses amid election season Housing and renewable energy remain key focus for Cork businesses amid election season
IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
ie logo
Puzzles Logo

Play digital puzzles like crosswords, sudoku and a variety of word games including the popular Word Wheel

Lunchtime News
Newsletter

Keep up with the stories of the day with our lunchtime news wrap.

Sign up
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited