Market Outlook for 2025
· 11 min · Episode 261
Episode Market Outlook for 2025
Market intelligence specialist, Phelim O’Neill with the Irish Farmers Journal, is on this week’s Beef Edge podcast to reflect on 2024 and discuss the market outlook for 2025.
Looking back on 2024, Phelim discusses the increase in price seen in all cattle categories. Even with this increase in price, there is still a difference between UK and Ireland prices.
Phelim also comments on Irish exports for the past year and looks to the year ahead. With overall beef production down in Ireland and within the EU, Phelim says this is reflected in a decrease in suckler cow numbers and highlights the possible opportunities and challenges this will have.
Finally, Phelim concludes, beef prices are expected to be maintained based on the supply of beef and demand coming into 2025.
For more episodes from the Beef Edge podcast, visit the show page at: https://www.teagasc.ie/thebeefedge
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