Beef finishers encouraged to have contract with factory

FARMERS JOURNAL – 20 OCTOBER 2016

  • The ICSA beef chair, Edmond Phelan, is encouraging winter finishers to have a contract with their factory that locks in a price.
    The ICSA beef chair, Edmond Phelan, is encouraging winter finishers to have a contract with their factory that locks in a price.

The ICSA beef chair, Edmond Phelan, is encouraging winter finishers to have a contract with their factory that locks in a price.

Beef finishers should have a contract with factories which includes a definite price for next spring, according to ICSA beef chair Edmond Phelan.

“Come spring, farmers would need to be achieving at least a euro more than they are getting at present to make it worth their while, so if factories want finishers to have confidence they will need to come up to the mark on price. Even at €4.00/kg, farmers would be losing over €200 a head.”