FALLING PRICES AND POOR FARMER-PROCESSOR RELATIONSHIP HURT BEEF INDUSTRY
July 5th, 2014
IRELAND’S beef sector is facing tough times – slim profits and poor prices are hurting farmers, industry experts say. Declining beef prices have already cost Irish farmers EUR106 million (USD144.1 million) this year so far, Irish Cattle and Sheep Farmers’ Association (ICSA) general secretary Eddie Punch told globalmeatnews.com. The general consensus is that “the beef industry will run into difficulties in the coming years,” Mr Punch said - his association has more than 10,000 members. Indeed, a recent National Farm Survey from Teagasc, Ireland’s ...
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