26 05 2015
POSITIVE INCOME FIGURES REFLECT REDUCED INPUT VOLUMES AND OUTPUT GROWTH RATHER THAN STRONG PRICES – IFAEconomics, Farm Business & Credit
IFA President Eddie Downey said that the slight increase in average farm incomes in 2014 reflected the drop in input volumes due to good weather conditions compared with the previous years, rather than strong product prices.
IFA President Eddie Downey said factory beef price cuts and specifications changes are eroding confidence in the beef sector, especially in winter finishing. He said the move by the factories to hit prime in-spec steers and heifers with new price and weight cuts this week, following their meeting with Agriculture Minister Simon Coveney, was a step too far and shows scant disregard for both the Minister and farmer suppliers.
Addressing a large crowd of livestock farmers at the cattle price protest outside Kepak in Clonee today (Wed), IFA President Eddie Downey said there is real anger and frustration with all the meat factories over the way they have cut bull beef prices over the last two months, leaving farmers with major financial losses. Farmers also protested on the cattle price issue outside the Dawn Meats plant in Grannagh, Co Waterford and the ABP plant in Nenagh, Co Tipperary.
IFA President Eddie Downey has launched a major offensive at EU level to stall advanced discussions between the EU and the Mercosur Group, particularly Brazil, which could lead to an exchange of offers on a trade deal before the end of March.