Price Reporting

Under European Union legislation, NI factories meeting specific criteria are obliged to report deadweight cattle prices to the European Union. LMC has been appointed by DARD to act as the agent for statutory price reporting in Northern Ireland. LMC receives weekly reports from each of the price reporting factories in NI and amalgamates them using bespoke software to calculate prices for the entire region. These prices are subsequently reported to the EU in Brussels and distributed to our stakeholders through regular communications such as the LMC Bulletin and Weekly Market Update.