173. Deputy Martin Ferris asked the Minister for Agriculture, Food and the Marine if his attention has been drawn to the fact that beef factory lots are being used to manipulate the factory price paid to farmers; and if he will make a statement on the matter. [9935/19]

I am aware that there has been recent discussion about the use of feedlots in the production of beef.  I am also aware of the current challenges facing beef farmers, however, I cannot intervene directly in any commodity price. Cattle prices are a matter for the processing industry and the farmers who supply it.

Neither can I intervene in commercial decisions around the farming system that processors purchase cattle from.  Cattle prices are influenced by a variety of factors such as the level of consumer demand, production levels and exchange rate differences. The UK's decision to leave the EU also presents enormous challenges for the entire beef sector.

One of the unique strengths of the agri-food sector has been the shared vision for the sustainable development of the sector in Food Wise 2025.  It is crucial that we all continue to work together. At the last Beef Round table, I highlighted the need for stakeholders to recognise their inter-dependency and to support the sector through examination of mechanisms to add value along the supply chain and increase the strength of all links in the supply chain, including Beef Producer Organisations.

Officials in my Department are currently engaging extensively with stakeholders in relation to Beef Producer Organisations which have strong potential to help strengthen the position of the primary producer in the supply chain.