Farming News - ICSA: Beef Prices Too Low To Sustain Production
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ICSA: Beef Prices Too Low To Sustain Production
ICSA Beef chair John Cleary has said it is now clear that farmers can no longer rely on their Basic Farm Payment to support beef production. “We have now reached a point where each sector must depend entirely on farmgate prices to determine the survival of their enterprises,” he said.
Mr Cleary was speaking following the Tullamore Farm Open Day held on July 23 in Brackagh, Co Offaly.
Continuing, he said, “The actions of meat processors throughout the summer regarding the management of beef prices are nothing short of disgraceful. They persist in using weak arguments in an attempt to justify unjustifiable price cuts and refuse to consider contract prices under any circumstances. We in ICSA are demanding transparency from meat processors about the future direction of prices as we head into the back end of the year, especially since they know exactly what prices they are receiving from retailers.”
“Analysis of the market shows beef imports into the UK are up by 11% this year, with most of that extra beef coming from Ireland. Meanwhile, production here is down on last year, which should all add up to better prices, not price cuts. There is simply no logic to excuses the processors are trying to peddle.”
Concluding, Mr Cleary said, “Meat processors must be held accountable and provide clear, honest answers about the trajectory of beef prices. The National Farm Survey 2023 results released yesterday have made it abundantly clear that incomes are so low many beef producers will simply not be able to continue unless these big processors treat their suppliers in a more just manner.”