In recent months, some farm organisations have called for a review of the grid system, while others have discussed the need for a premium price to be paid for suckler-bred stock.
The ICMSA estimates that the QPS Beef Grid has cost farmers approximately €120 million, since it was introduced eight years ago. The ICMSA president called for an independent review of the Grid and said that a commitment to do that was given four years ago but never happened. Other farm organisations have also made this call.
Meanwhile, the ICSA has said that the grid system is outdated and needs to be replaced with a model that fully utilises modern digital technology. Following Edmund Graham's election as ICSA national Beef Chairman, he discussed the need to facilitate a payment based on meat yield and said that this could potentially result in the farmer getting a price in closer alignment with what is sold on the shelf.