Beef farmers seek cold comfort as prices plummet

IFA calls for government and EU backing to freeze surplus meat to shore up prices, stave off future shortages and line up Chinese deal

3rd April, 2020
Beef farmers seek cold comfort as prices plummet
Beef farmers protesting in Dublin in January: the industry was in turmoil even before the Covid-19 pandemic took hold. Picture: Leah Farrell/RollingNews.ie

Beef producers were relieved this week when Tesco Ireland agreed to pay processors the same price for product until the end of June. So far, it has been the only supermarket to offer such a guarantee, at a time when the beef market is crashing. It does not apply to the chain’s British outlets, however, which also sell some of the 500,000 tonnes of beef that are produced here every year.

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