Anomaly In Northern Ireland Beef Prices
IRELAND - Beef finishers and breeders in Northern Ireland claim it is obvious that factories and their retailers have increased their margins at the expense of producers“In contrast, an R3 steer in Northern Ireland, which ought to have been selling for at least another 17p, or an extra £65 per head on a 380kg carcase, to maintain parity with the English price, is struggling to top a miserable 187p and these deep, and unnecessary, discounts have our industry by the windpipe.”
The NBA has recorded that, over 2006, around 18 per cent of Northern Ireland’s production was used internally, around 73 per cent was purchased by mainland buyers and 9 per cent was exported on to EU markets.
Source: Farmers Guardian