Longford farmers warned as ICSA chief says sustainable downsizing may be needed

Longford farmers warned as ICSA chief says sustainable downsizing may be needed

ICSA president Patrick Kent has said that the beef roundtable is going to have to start thinking about sustainable downsizing in the livestock trade.

“With the uncertainty around Brexit, and the clear signal from the beef processors that they see Brexit and weaker sterling as a reason to cut beef price, it is clear that the Foodwise 2025 strategy of massive expansion of the €19bn output is now dead in the water,” he added. 

“We have seen an acceptance by the EU Commission in its report on future trade agreements that beef will be the loser. 

“This vindicates the ICSA position against bad CETA, TTIP and Mercosur trade deals which offer little or no upside for the beef sector.”