Forestry Market Reports II

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Forestry Market Reports II

 

IFA Farm Forestry Chairman Vincent Nally is asking everybody to be vigilant over the Bank Holiday weekend after a Condition Red – High Fire Risk has issued.

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IFA President Tim Cullinan said that Bord Bia’s proposal on a new ‘grass-fed standard’ and their proposed criteria for Protected Geographical Indication (PGI) status for ‘Irish Grass-Fed Beef’ needs a lot more thought and discussion before they are proceeded with.

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IFA National Livestock Chairman Brendan Golden said Agriculture Minister Creed must secure a direct payment package to make up for the beef price losses for winter finishers on the back of COVID-19 and Brexit inflicted market disturbances this spring.

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Prices reported as quoted or paid to IFA Members

  • Steer base €3.60 – 3.70/kg.
  • Heifer base €3.60 – 3.75/kg.
  • Young Bulls R/U €3.60/3.70/kg.
  • Cows €2.80/3.30/kg.
  • In-spec bonus 20c/kg for under 30 months and 8c/kg for 30 to 36 months.
  • 12c/kg bonus for under 30 month steers and heifers grading O- and those with a fat class of 4+ that meet all other in spec criteria.
FACTORY BASE QUOTES C/KG
Steers Heifers Cows
Dawn Slane 360 360/365 280 – 320
Kepak Athleague 360 360/365 280 – 320
Moyvalley Meats 355 355 280 – 310
Euro Farm Foods 360 360/365 280 – 320
ABP Clones 360 360/365
Liffey Meats 360 360/365 280 – 320
Slaney Foods 360 360/365 280 – 320
Kepak Kilbeggan 360 360/365 280 – 320
Dawn Ballyhaunis 360 360/365 280 – 320
Ashbourne Meats 360 360/365 280 – 330
Foyle Meats                                     *incl 10c China approved, 300-380kgs 370* 375* 280 – 330
Meadowmeats Rathdowney 360 360/365 280 – 320
Charleville Foods 360 360/365 280 – 320
Kepak Watergrasshill 360 360/365 280 – 320
ABP Bandon 360 360/365 280 – 320
ABP Cahir 360 360/365 280 – 320
ABP Waterford 360 360/365 280 – 320
Dawn Grannagh 360 360/365 280 – 320
ABP Nenagh 360 360/365 280 – 320
Farmers should insist on payment on the day for their cattle

IFA President Tim Cullinan said the suspension of access to the Chinese market was disappointing and that it must be resolved quickly.

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