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Speaking at a National Livestock Committee meeting in Dublin this week, IFA Livestock Chairman Angus Woods said the factories have to stop cutting cattle prices and stabilise the market.

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Have a look at the prices paid for steers, heifers and cows this week. 

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IFA President Joe Healy has accused the factories of hijacking the drought conditions to cut beef prices and undermine the market. He said, “Factories are taking advantage of the drought conditions and imposing unjustified price cuts ahead of the market”.

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IFA National Livestock Chairman Angus Woods said factories are struggling to buy cattle at the lower quoted prices this week and having to pay at least a base of €4.15 and €4.25 for steers and heifers to get adequate numbers.

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Cattle supplies are not meeting market demand – have a look at what the factories are paying this week.

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