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INCREASED BEEF PRICES AVAILABLE AS SUPPLIES REMAIN SCARCE

Sep 27, 2021 | Latest News, Press Releases | 0 comments

15 SEPTEMBER 2021

ICSA beef chair Edmund Graham has said meat factories currently have no option but to increase prices paid to farmers, given the scarcity of supplies. “Despite the processors doing their utmost to keep a lid on the prices they’ve had to bite the bullet, and increased prices are available across the board this week,” he said.

“Supplies are far from plentiful at the minute, which is unusual for this time of year. Factories are anxious for stock so I would encourage farmers to demand that extra bit. At times like this it’s important for farmers to stand their ground and sell strong. We know that prices have been hitting the €4.25, €4.30 and even the €4.35/kg mark for those willing to push hard for it.”

“It is also worth noting that there is increased activity for finished cattle in the marts, which includes a demand for non quality assured animals. It all adds up to an opportunity to keep the momentum going for better prices, but we’ve got to keep the pressure up.”

ENDS

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