Calculation Brexit losses stand at € 100 Mill. for beef farmers

by Editor fleischwirtschaft.com
Friday, April 12, 2019
IFA President Joe Healy said IFA has calculated that beef farmers have already incurred Brexit losses of €101 Mill. since last autumn.
Photo: IFA
IFA President Joe Healy said IFA has calculated that beef farmers have already incurred Brexit losses of €101 Mill. since last autumn.

Addressing the Joint Oireachtas Committee on Agriculture, IFA President Joe Healy said IFA has calculated that beef farmers have already incurred Brexit losses of €101m since last autumn.

Outlining the key points in the IFA Submission, Joe Healy said the FoodWise 2025 strategy has failed to address the income crisis for beef farmers and will have to be revisited.

“While the strategy has delivered substantial growth in the volume and value of beef output, it has not worked for farmers,” he commented. Looking at data over the last seven years, beef exports have increased by €360 Mill. or 19%, but there has been no increase in cattle prices or farm incomes.

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