1. Growing the success of Irish food & horticulture AIDAN COTTER CHIEF EXECUTIVE BORD BIA 28 JANUARY 2009 Growing the success of Irish food & horticulture December 2015 Market Review & Outlook for Irish Beef & Livestock Sector Joe Burke

2. Growing the success of Irish food & horticulture Irish weekly finished cattle supplies (head) Year to-date: -5.4% / -86,000 hd

3. Growing the success of Irish food & horticulture Average Carcase Weights Increase by 1.5% / 5kg

4. Growing the success of Irish food & horticulture +20,000 +99,000 +119,000 Calf Registrations up 5.7% to-date (w/e. 11/12) +8.5% +2.2%

5. Growing the success of Irish food & horticulture Calf Registrations by Breed Jan-Oct 2015 vs ‘14 Source - AIM

6. Growing the success of Irish food & horticulture 20142015% change Total NI GB Italy Spain Netherlands Belgium Int. markets 226,688 50,174 16,745 29,198 44,108 38,110 21,669 19,150 171,655 51,800 8,762 23,499 29,188 43,677 576 4,348 -24% +3% -48% -19% -34% +15% -97% -77% Live Cattle Exports by destination for year to-date To w/e. 28 st November Weanlings / Stores -42%Adult / finished cattle -16%Calf Exports -16%

7. Growing the success of Irish food & horticulture Male Cattle Numbers by Age Category on 1 st of September -39,000 -2,000 + 84,000 Source: AIM

8. Growing the success of Irish food & horticulture Female Beef Cattle no.s by Age Category on 1 st of September Source: AIM - 27,000 +3,000 + 48,000

9. Growing the success of Irish food & horticulture Producer Prices: Ireland R3 Steer (c/kg excl VAT) Year to-date Irish R3 steer price 8.4% higher vs. 2014 (€4.00 vs. €3.69) (w/e 04/12) Irish Price currently €3.79/kg vs. this time last year: €3.77/kg

10. Growing the success of Irish food & horticulture Producer Prices: Ireland vs. Continental EU (c/kg excl VAT) Year to-date Irish R3 steer price 7.5% above Continental EU average (w/e 04/12) Irish Price €3.79/kg vs. Continental EU av.: €3.74/kg In Italy, R3 young bull price: €3.57/kg, Spain: €3.64, France: €3.73, Germany €3.94

11. Growing the success of Irish food & horticulture Producer Prices: Ireland vs. UK (c/kg excl VAT) Year to-date Irish R3 steer price 17% below average UK price (82c) (w/e 04/12) Irish Price €3.79/kg vs. UK: €4.84/kg

12. Growing the success of Irish food & horticulture GB Producer Price Development in Sterling terms £ Sterling p/kg

13. Growing the success of Irish food & horticulture ‘Big 4’ Suffer at the expense of Waitrose and Discounters

14. Growing the success of Irish food & horticulture

16. Currency Exchange Rates Average for 2014: €1: £0.806 16 th Dec 2015: €1: £0.726 Value of Euro in Sterling terms For 2015: €1: £0.726

17. Growing the success of Irish food & horticulture Currency Exchange Rates Average for 2014: €1: $1.328 16 th Dec 2015: €1: $1.099 Value of Euro in Dollar terms For 2015: €1: $1.110

18. Growing the success of Irish food & horticulture European Cow Herd Increases by 1.5% / 500,000 +1.5% +3.7% -2.2%

19. Growing the success of Irish food & horticulture UK Throughput -2.1% Steers +1.5% Hfrs -2.5% YB’s -19% European Markets Beef / Cattle Supplies 2015 France Production +3.2% Cow slaughterings +4.9% Live Exps: +6% Germany Production +0.7% Italy Production -1.5% Cattle imports -4.5% Spain Throughput +4.5% / Prodn +6% Live imports +35% Live exports +45% EU Beef Production likely to grow by 3% in 2015 (EU Commission)

20. Growing the success of Irish food & horticulture Source: EU working beef forecasting group -4.0% +0.4%

21. Growing the success of Irish food & horticulture AIDAN COTTER CHIEF EXECUTIVE BORD BIA 28 JANUARY 2009 Growing the success of Irish food & horticulture December 2015 Market Review & Outlook for Irish Beef & Livestock Sector Joe Burke