IFA National Livestock Chairman Angus Woods has urged farmers selling cattle to dig in and insist on a substantial price increase from the factories, which he contends are well fit to pay based on stronger Christmas demand and the significant improvement in sterling.
According to Angus Woods: “Numbers of in-spec stock have tightened dramatically with agents reporting that they cannot get numbers at quoted prices and are having to pay more.”
He said the change in sterling in our main export market from 89p back to 85p/€ is worth 20c/kg in a price improvement.