The longer term prospects for the beef industry are more promising with opportunities for farmers, a Fermanagh audience has been told.
Darren Carty told Fermanagh Grassland Club that there would be fewer cattle going through the system next year and beef prices would tighten in the longer term with less cattle available for exports and slaughter.
Darren, with a background in Teagasc and now with the IFJ, suggested that if beef offal was accepted by China, there was potential for them to buy all the offal from Ireland, UK, Germany and France together such is the potential of the market.
He said the beef industry had suffered confidence from the horsemeat crisis as well as unviable enterprises and land fragmentation. The age profile of farmers and conacre issues were also affecting the beef industry throughout Ireland as were challenges from CAP reform.
There were so many factors outside the beef farmer’s control which were affecting pricing.
However despite difficulties in the short term, he saw opportunities for beef production in the future.