March 15, 2021 9:57 am
The announcement by the UK government of a revised timetable for sanitary and phytosanitary (SPS) checks and controls “removes uncertainty in our key export for the next number of months”, according to the Irish Farmers’ Association (IFA).
However, an “unacceptable price gap of 12c/kg” must now be closed between the latest Prime Export Benchmark price and the Irish Prime Composite price – indicators of prices being paid abroad and at home respectively.
Commenting on the move made by the UK government last week – which will see a six-month extension put on the current time schedule – IFA Beef Committee chairman Brendan Golden said:
Meeting to be held for beef farmers next week to discuss unjustified prices
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Tight supplies and strong farmer resistance strengthen beef prices slightly
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