Oireachtas Joint and Select Committees

Tuesday, 6 July 2021

Joint Oireachtas Committee on Agriculture, Food and the Marine

Beef Task Force: Discussion

Mr. Michael Dowling:

Regarding next year, one can never be accurate in predicting how prices will go. It is true that, if there is a drop in supply, prices normally increase. That is a function of the market. I do not know what next year will be like. Currently, the indications are that the market should remain reasonably strong going into next year. The work of the task force was not principally about looking at where prices were likely to go. That was not something we were asked to do. We did what we were asked to do, which was to oversee the actions that were agreed in 2019. That work is, to a large extent, done. The market is the market and I imagine that next year will probably be reasonably strong, but I could be wrong.

Comments

No comments

Log in or join to post a public comment.