Farm Ireland
Independent.ie

Tuesday 21 November 2017

Beef demand to remain strong

Beef demand will remain strong internationally, Margaret McCarthy has predicted in the latest Bord Bia Market Monitor.

Citing a report from Rabobank, Ms McCarthy suggested that beef demand growth would continue to come mainly from China, although growth was not expected to be as high as the levels reached in 2013.

The market opening for Australian chilled fresh beef products had boosted import volumes, accounting for more than 50pc of imports in 2013. Reports suggest that the market may open for Brazilian beef over the coming months.

The Rabobank report said tight beef supplies and restricted availability of competing proteins would boost price levels.

BURREN FARMER PAY OUT OF €1M

Close to €1m has been paid out to over 150 farmers involved in the Burren Farming for Conservation Programme (BFCP), the Department of Agriculture has confirmed.

Making the announcement last week, the Minister for Agriculture, Simon Coveney said the exact allocation amounted to €986,000 to 157 farmers. He said payments totaling €3.8m had been made to farmers involved in the scheme in the last four years.

The minister noted that the BFCP has generated significant environmental benefits for the Burren over its first four years. These included the repairing of traditional stone walls.

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