Beef processor agrees to ‘put a floor under base price’ for 6-weeks


The beef processor has agreed to pay a base price of €3.50/kg for steers and €3.60/kg for heifers for the next 6 weeks

Beef processor agrees to ‘put a floor under base price’ for 6-weeks

  • ADDED
  • 9 mths ago

The beef processor has agreed to pay a base price of €3.50/kg for steers and €3.60/kg for heifers for the next 6 weeks

Liffey Meats has “agreed to put a floor under the base price for the next six-weeks”, according to the Beef Plan Movement’s Dermot O’Brien who spoke on RTÉ’s Morning Ireland.

He outlined that the beef processor, last night (Sunday, September 22nd), agreed to pay a base price of €3.50/kg for steers and €3.60/kg for heifers.

“We have been engaging with processors – they are not willing to talk price with us.” he said.

“We do have a Producer Organisation at this point in time and that will strengthen the position of the farmer in the supply chain.”

O’Brien confirmed that Irish Beef Producers — the first beef producer organisation to be recognised under national legislation — is “now open for business and will create a mechanism for farmers to negotiate price with beef processors”.

Agreement

O’Brien made specific reference to various parts of the agreement including additional bonuses, an increase in the current in-spec bonus for steers and heifers, the establishment of a beef market taskforce, an immediate scientific review of the Quality Payment Grid by Teagasc and the development of a beef market price index model.

He views these as "positive developments that were not available to farmers 6 weeks ago or 6 months ago".

“The Beef Plan Movement has put farmers back on the map. They [farmers] stood down the protests around the country over the past 48-72 hours because they believe this agreement is going to better their position.”

“We have to engage meaningfully with Meat Industry Ireland, and they have to engage with us, the farmers.”

“Going forward, we have to have agreement from Meat Industry Ireland that all legal threats on farmers will be lifted and the Beef Plan Movement itself.” O’Brien outlined.

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