Beef prices fall to a three-year low

Beef prices fall to a three-year low

BREXIT-FUELLED uncertainty, an over-supplied market and a €100 million bail out deal for Irish beef farmers have all contributed to a significant collapse in the market price for beef, the National Farmers Union of Scotland has warned.

In its meetings with the Scottish Government, major retailers and meat processors at this week’s Royal Highland Show, The Union has pledged to highlight the financial pain facing Scottish beef producers.

According to Quality Meat Scotland, the deadweight steer price in Scotland hit a three-year low of 344 p/kg in March, and while the market was appearing to rally in April, recent weeks have seen the gap between 2018 and 2019 prices widen further.

read the full story – the Scottish Farmer

Gordon Davidson