Market Conditions Justify Further Beef Price Increases – IFA

IFA National Livestock Chair Declan Hanrahan said tight supplies and market demand are driving trade in our key beef export markets. EU young bull prices are continuing to strengthen, combined with the UK price, the Bord Bia Prime export benchmark has opened a gap of 12c/kg with the Prime Irish composite price.   The amount of […]

Lamb Supplies Tighter – IFA

IFA National Sheep Committee Chairman John Lynskey said lambs are a bit tighter at the factories this week, and with sterling back at 88p/€, the influx and influence of Northern lamb imports will be less.   He said factories are looking for stock and paying from €4.70 to €4.80/kg with top-ups for groups and larger […]

Cattle Supplies Tighter As Beef Demand Remains Very Strong – IFA

IFA National Livestock Chairman Angus Woods said the beef trade is steady this week with the base price for steers at €3.80/kg and heifers making €3.90/kg. He said finished supplies are definitely tightening and demand remains very strong with some reports of top prices of €3.85 and €3.95/kg.   In our main export market, the […]

Strong Agri-Food Export Performance Underpinning Domestic Economic Activity

IFA President John Bryan said the strong performance of agri-food exports in today’s CSO trade figures for 2011 is further evidence of the contribution the sector is making to the wider economy.   “Compared to 2010, the agri-food sector has delivered an increase of over 10% in the value of exports, to €8.93bn. In particular, […]