I should draw the Deputy's attention to the fact that during the period January to late February of 1992 some 90 per cent of steers slaughtered at meat export plants fell into grades eligible for intervention.
I am, however, aware that the intervention intake requirement at present, is dampening demand by factories for steers for slaughter. The modest intervention intake arises since the European Commission is, in response to very high volumes being offered by the trade, applying very high rejection rates to quantities offered under the tendering system. However, following complaints by Ireland, and a number of other member states, the Commission has undertaken to review the operation of the intervention tendering arrangements with a view to more realistic acceptance rates being applied to quantities offered. This would afford greater certainty to beef producers and have a positive effect on the overall market situation.