Denis Naughten
Ceist:40 Deputy Denis Naughten asked the Minister for Agriculture, Fisheries and Food the steps he is taking to support a live cattle trade to Britain; and if he will make a statement on the matter. [17599/11]
Amharc ar fhreagraWednesday, 29 June 2011
Ceisteanna (31)
Freagraí scríofa
The live export trade complements the processing trade by providing alternative market outlets for cattle producers. There are 2 main components to the live export trade; calf shipments to the Continent and the movement of forward stores and finished cattle to the UK. Data for the period from January to 11 June 2011 shows that overall live exports are 40% below the levels achieved during the corresponding period in 2010. Exports to Great Britain decreased by 61% on those for the same period in 2010 while those to Northern Ireland are down by 48% and those to all other destinations fell by 36%.
The main reason for the current decline in live exports is the ongoing strength of domestic cattle prices. Bord Bia figures for the week ending 11 June show that Irish R3 steer prices were 105% of the EU weighted average and 102.5 % of the British average. This convergence between the domestic cattle prices and those in UK reduces the financial attractiveness of live exports to the sterling area when associated costs are taken into account.
As part of its remit to support the agri-food industry, Bord Bia is working to facilitate the live export trade as customer demand and economic conditions allow. In this regard, it provides up-to-date market information to exporters in the form of weekly livestock reports and bi-monthly updates from each of the major markets, as well as regular communication with market offices. In addition, Bord Bia's market offices promote contact with new customers, organise promotional events for Irish livestock, arrange inward buyer visits, attend livestock trade fairs and forecasting meetings, commission market research and organise credit rating and language interpretation services as appropriate on behalf of the sector.