A delivery of 90 Aberdeen Angus maiden heifers was completed last week.
A rapid growth of US production of cattle and poultry is going to impact the market.
The European country is aiming to double its food exports until 2020.
The decision is linked to the eggs contaminated with salmonella scandal in the US.
The product contaminated with foreign matter was delivered to retailers from six American states.
Even the most cautious farmers are taking a hit due to the 31.7% descent in prices.
The announcement was a real surprise as the global market is facing a price drop for some products.
JBS plans to invest 13 million reais ($3.66 million) in expanding its ground beef production line...
The Minister for Agriculture, Food and the Marine, Michael Creed announced that Irish farmers are...