Farm Ireland

Friday 23 February 2018

Shortage of beef cattle to 'get more acute'

The shortage of cattle for slaughter that is currently driving beef prices higher is set to become even more acute in the coming months, the ICSA has predicted.

Factory slaughter numbers for the first week of May were just at 20,064, compared with 23,224 for the same week last year.

The figures represent a 13.6pc drop in slaughtering of prime cattle for this week, while the year-to-date figures show that the prime kill is down by only 6.7pc.

ICSA general secretary Eddie Punch said the figures demonstrate that the cattle scarcity is becoming more acute with each passing week.

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