The beef talks in Backweston, county Kildare adjourned after more than 12 hours of discussions between the various parties in the early hours of this morning.
The independent Chairman Michael Dowling is to circulate a document based on the proposals that were put forward.
The talks began yesterday at 2pm and took place at the Department of Agriculture's campus. The Beef Plan Movement, IFA, ICMSA, ICSA, INHFA and Macra were all at the meeting, plus Meat Industry Ireland (MII) and officials from the Department of Agriculture.
IFA President Joe Healy said some progress had been made on market transparency and the introduction of a price index.
There is also a commitment to look at the market specifications that impact on price that exist in the grid.
It is expected that the talks will re-convene on Thursday or Monday next.