LITTLE PROSPECT THAT FARMERS WILL BENEFIT AS KUWAIT MARKET OPENS TO IRISH BEEF & SHEEPMEAT

4 OCTOBER 2018

ICSA beef chairman Edmund Graham has welcomed the announcement by Minister Creed this morning that Kuwait has opened its market to imports of Irish beef and sheepmeat. However, Mr Graham said that farmers must see a resulting dividend for it to be judged a success.

Commenting Mr Graham said, “Farmers have become increasingly sceptical as to whether the opening of new markets has any real benefit for them whatsoever. In the past, such announcements have not been followed by any strengthening of beef prices.”

“Currently the price of beef is nowhere near what it needs to be. Processors have been imposing harsh price cuts for weeks now. The opportunity to export to Kuwait will no doubt be great news for them and for all others who make money off the backs of farmers. It is reprehensible that primary producers continually get forgotten with all the hype.”

ENDS