Beef News
Bord Bia is forecasting that global demand for beef imports will increase again this year as economic growth influences consumer sentiment.
Beef
Farmers "should ignore the negative propaganda from factories and their agents" when it comes to...
Market conditions for beef should be favourable for the remainder of the year as markets and buying...
Tight supplies and strong market demand "have pushed cattle prices on" in the past few days,...
Many key beef areas around the globe are "currently experiencing high or record prices for beef or cattle", according to Rabobank.
Updated projection figures for cattle point to tighter supplies - down 120,000 head - for this year compared to last year, the IFA says.
Beef prices strengthened a further 5c/kg at the end of last week, the Irish Farmers' Association (IFA) said on Friday (April 9).
Beef prices are continuing to "edge upwards", but are not closing the gap with the Prime Export Benchmark price, according to the IFA.
There are "no excuses left" for factories "failing to return the value of the market in beef prices", the IFA has claimed.
The government has been called on to "now redouble its efforts" to secure an immediate return of Irish beef to the Chinese market.
An "unacceptable price gap of 12c/kg" must "now be closed" between the Prime Export Benchmark price and the Irish Prime Composite price.
Factory agents are "having to work hard to secure supplies" - and farmers "should not accept lower quotes offered", the IFA says.
Market conditions for beef "remain strong" with UK supermarket sales figures showing "continued growth for beef sales", one farm group says.
Christmas demand continues to push beef prices, with increases "just about keeping pace" with price lifts in the UK, according to the IFA.
Conditions for in-spec cattle are strong, with numbers expected to "tighten considerably", according to the IFA.
In his first ministerial sit-down interview with an agricultural media outlet, newly-appointed Minister Calleary touched on many key issues.
Farmers selling cattle "should demand higher beef prices as all the market factors show the factories can pay more", according to the IFA.
Chairman of the Beef Taskforce, Michael Dowling, has written to members to provide an update as to the current state of affairs.
There is a "real imbalance in the carcass" at present in terms of demand for beef in the meat industry, according to MII's Cormac Healy.
Video
On this week’s episode – we talk to Dr. Frank Mitloehner about the interplay of the Covid-19 pandemic, global emissions...
MII's Cormac Healy says that damage is being caused to the Irish fresh meat market and customers have gone elsewhere.
N.Ireland
Irish beef processors, north and south, need to find new markets outside the EU, according to LMC chief executive Ian Stevenson.
The landscape of the Irish beef industry is changing, it is expected that an increased number of dairy type animals will come available for slaughter.
![Calleary interview: 'I'm reluctant to intervene in beef market [prices]...but it has to be transparent'](https://www.agriland.ie/cdn-cgi/image/width=550,height=500,format=auto,fit=cover/https://cdn.agriland.ie/uploads/2020/07/Image-source-agriland-MInister-Calleary6.jpg)
