Announcing details of a major IFA Beef Finishers meeting for Monday September 13th 2010 in the Killeshin Hotel, Portlaoise, Co. Laois at 8.30pm, IFA National Livestock Committee Chairman Michael Doran said cattle farmers are not going to finish cattle and lose money again for the 2010/11 season.
Michael Doran said with much higher costs facing feeders this year, factories and retailers are going to have to offer contracts at economically viable prices to secure supplies next winter.
The IFA livestock leader said feeders are not going to spend another winter working for nothing with the factories and retailers getting all the benefits including some of the farmers Single Farm Payment.
Michael Doran said the IFA meeting will focus on the higher costs facing feeders this season and a Teagasc speaker will present a full analysis of the budgets for finishing.
A speaker from Bord Bia will outline the numbers in respect of the projected tighter cattle supplies in 2010/2011 and also present an overview of the market requirements and opportunities in both the UK and across our main EU market.
The meeting will be Chaired by the IFA President John Bryan who will outline the IFA work on protecting the Single Farm Payment in the CAP 2013 negotiations and the discussions at EU level on future direct payments.
Inviting cattle finishers from all over the country to attend, Michael Doran said this meeting will set out the key issues and demands of finishers for the 2010/11 season. It will also provide feeders with the facts and economic realities and most importantly it will make it abundantly clear to factories and retailers that viable price contracts are essentials to secure adequate supplies of beef.