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Market conditions remain favourable for beef price

Beef farmers receive 80% of factory s sales revenue – report 10 March 2021 Free

Senior director for MII Cormac Healy. \ Dave Ruffles The initial findings of an evaluation of the Irish beef sector in a report by Grant Thornton has shown that farmers receive 80% of total sales revenue earned by processors, Meat Industry Ireland (MII) has said. These findings were presented at Tuesday’s beef taskforce meeting and were welcomed by MII members “for exposing the false claims made during the 2019 beef blockades.” “During the 2019 illegal blockades, false assertions were made and prominently circulated that farmers only get €2 for every €10 spent on beef by a consumer,” an MII spokesperson said. “The report was commissioned by the Government in the aftermath of the blockades, which crippled the industry for almost eight weeks and undermined the sector’s reputation.”

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