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The IFA is urging farmers to "sell hard" as factories try to fill orders to meet demand and say that the price rises of 10c/kg that were seen last week must continue.
Nick Allen of the British Meat Processors Association (BMPA) said a shortage of store and finished cattle in the UK meant that a drop in beef prices was very unlikely.
The High Court has been asked make two current and one former director of a Donegal meat processor personally liable for the company’s debts, Aodhan O'Faolain reports.
Plants are working as normal in the week leading up to Christmas with minimum disruption thereafter, with the majority of plants closed on 25 and 26 December and 1 January.
While the main short term concern for UK meat factories is veterinary cover, the new visa rules for overseas workers will ultimately increase factory costs.