Support for Irish beef premium
THE recent upturn in prime cattle prices could be at risk unless the Irish Government is allowed to continue with a special subsidy for its beef producers, claims the recently formed National Beef Association (NBA).
The Irish Deseasonality Premium began in 1993 at a cost of IR £27 million a year following agreement with the European Commission. Its objective is to encourage farmers to market their cattle on a more even year-round basis.
The NBA fears that if the subsidy is removed, Irish feeders are likely to react by releasing cattle this autumn unless there is some encouragement to hold them over winter. This would have a knock-on effect on UK producers, the NBA believes.
- The Scotsman 24/06/98 page 28