Meat bosses slam IFA report on beef sector
Published 06/09/2016 | 02:30
Meat Industry Ireland has dismissed IFA concerns about reduced competition in the beef sector if Larry Goodman’s ABP succeeds in buying out Bert Allen’s 50pc share of Slaney Foods.
They point to the “phenomenal performance” of Irish beef exports selling for 110pc of the EU average this year.
ABP lodged their finalised application for the buy-out with the EU Commission last week, just days before the deadline imposed when details of the deal were first made public in December last year.
A spokesperson for the EU Commission also revealed to the Farming Independent that they will be making their ruling on the case within the next five weeks.
The IFA also submitted its analysis of the impact of the deal to the DG Competition in Brussels this week. It claimed the move by ABP will significantly weaken competition in the beef sector by increasing the firm’s share of the national prime kill from 26pc to 36pc.
Joe Healy, IFA president, said the major finding of the report is that the cattle market for Irish beef farmers is characterised by weak competition.
“This report is very clear on the competition concerns in the beef sector, the income pressures that exist for livestock producers and the impact that any weakening of competition would have on their livelihoods”.
MEP’s are also weighing in behind the IFA’s stance, with EU parliament vice president Mairead McGuinness stating that she intends to alert the EU Competition Commissioner of her concerns over the deal.