Speaking to That’s Farming, MEP Luke ‘Ming’ Flanagan has said’ Less choice for the producer means only one thing. Lower prices. Producers only weapon is to band together. Play them at their own game. Then they’re can only be one winner. The farmers still has what they want. For now.’
The MEP spoke to That’s Farming after it emerged that the EU had approved the ABP/Slaney deal.
The EU commission ruled that the transaction did not raise competition concerns regarding the purchasing of live cattle for slaughter in Ireland by ABP and Slaney Foods.
Brexit may well play a role in future market prices for beef too.
A That’s Farming poll carried out over the weekend indicated that 87% think that the deal will lead to unfair prices.