‘No basis’ for cattle price pressure amid stronger beef markets

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There is no basis for pressure on cattle prices from the factories, according to the Irish Farmers’ Association (IFA).

Commenting on the matter, IFA National Livestock Committee chairman Brendan Golden said:

“Prices are rising strongly in our main export market in the UK and also across EU markets – and the food service sector is coming back as the economy reopens,” he said.

Golden said there was no basis for factories to try to lower quoted beef prices as all of the market facts were pointing in the opposite, in a more positive direction.

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