Covid-19 or not, people still need to eat. Aside from difficulties reorganising supply chains, you would expect this reality to offer a degree of protection to the food industry – yet the disruption caused by the pandemic has also changed the way people eat, and Ireland’s beef sector is once again emerging as the most exposed to this new shock. There is no straight line connecting the volume of beef consumed here or in export markets – where 90 per cent of Irish beef is sold – with revenue and profitability in processing, and on to farmgate prices. Cattle entering…

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