01 04 2020
IFA President Tim Cullinan has acknowledged the move by Tesco to pay its processor suppliers the same price for beef for the next three months.
He said that in his discussions with Tesco prior to them making this announcement he has stressed the need for Tesco in the UK to give a similar commitment.
Retail demand remains strong this week despite more restrictions being put in place last weekend, it also means more people are in their homes and consumption has increased. The food service sector took a further hit following the announcement.
31 03 2020
Consumption remains buoyant this week as more people are based from home. Retail demand remains strong, however, slightly quieter than last week. The food service sector continues to be severely hit, as the current situation unfolds. On a positive note, dry weather has allowed plantings to continue across the country and digging of last years crop continued also. Quality may be a concern for this material.
With the current situation developing over the past week demand across all sectors has been mixed. Demand from retailers this week has soared and is reportedly as high as the Christmas period when trade normally peaks. The food service industry is experiencing a hit due to deceased footfall and closures. Should the situation escalate this will more than likely be exacerbated. Meanwhile plantings continue this week across the country as conditions have improved slightly. Once again growers are reminded to rethink their growing strategy and plant for their markets.