The Irish Farmers Association has given a cautious welcome to a deal reached by EU agriculture ministers, but has said larger farmers will suffer most.
The agreement was made in the early hours of the morning, with intervention limits revised upwards by about 100,000 tonnes.
The announcement comes just two weeks before the 90p per pound Purchase for Destruction scheme comes to an end.
IFA president Tom Parlon said the Minister for Agriculture must now seek the best possible price for intervention beef.