IFA: Conditions now ripe for rise in beef prices
Chairman of the IFA Livestock Declan Hanrahan had a rather more upbeat declaration to make when he reported that beef prices continue to strengthen as cattle supplies tighten further and demand remains strong across our key export markets.
“The Bord Bia Prime Export Benchmark Price has increased for the second consecutive week, reflecting the continued strength of the European beef market.
“The Prime Irish Composite Price still lags 37 cents per kilo behind the Prime Export Benchmark price and this gap needs to close further as market conditions improve,” he said.
Read the full story in Kerry’s Eye Digital Edition.
EU’s livestock strategy needs more emphasis on farm incomes
The EU Commission released its first-ever Livestock Strategy last week, and it is a report that has given Irish farmers plenty to chew upon.
The Commissioner for Agriculture and Food, Christophe Hansen, declared that the economic market’s livestock sector has been a success story, although now “it is a success story at risk” for it faces a range of interconnected challenges that are bearing pressure down upon both the profitability and resilience of activity throughout the community with elevated input costs on feed, energy and fertiliser as well as climate change.
“On top of this, farmers must also meet costly, high EU standards on animal welfare, food safety and environmental protection,” he emphasised.
Read the full story in Kerry’s Eye Digital Edition.
