CropTec Show
Farminguk
24 August 2016 | Online since 2003
Less co2 Limited


29 April 2014 03:24:42 |News

Beef farmers feel betrayed over farm gate price drop


The National Farmers' Union has criticised the gap between farm gate and retail prices for beef.
Figures released from Eblex show farm gate prices have dropped while the price paid by consumers for beef has remained stable. The latest indication to March is that the producer share of final retail price is well below the 58 per cent received in March 2013, and three per cent below the 51 per cent received in the second half of 2013.
Andy Foot, NFU beef group chairman, said it was infuriating for farmers to see further reductions on the beef price when retailer margins to March had shown an increase.
“Last year we heard from retailers that they wanted to source more British beef,” said Mr Foot. “They were keen to work with us to ensure a secure future for our farmers, and I am bitterly disappointed to see how short their memories are.
“We work in an industry with a long production cycle and low margins and we simply cannot afford to be toyed with. It is a significant investment to buy store cattle, let alone suckler cows, so how is a farmer meant to do so with any degree of confidence of a return on his or her investment when you can see prices slashed overnight?
“Farmers are going to feel betrayed that this drop in price also comes in the middle of Great British Beef Week, at a time when retailers should be supporting beef production. A sustainable price does not mean paying just enough to get by on, it means paying enough to actually re-invest in your business to meet future demand and challenges, including climate change.
“Evidence has shown time and time again that consumers are interested in the provenance of their food and want to buy British beef, and that they want to support British farmers and see them receiving a fair price. Farmers are incredibly grateful for the support we receive from consumers, and I hope that retailers listen to both their suppliers and their customers and start to live up to their promises.”
NFU livestock board chairman Charles Sercombe said: “I had hoped that off the back of the legacy of the horse meat scandal, and Great British Beef Week, we would see retailers living up to their promise to engage with the supply chain, and like Andy, I am deeply disappointed to see this drive to force down prices down. With retailers making an increasing margin from beef, farmers need to see an end to this short termism. This is completely incompatible with an industry that works in years rather than months.
“British farmers work hard to produce a world class product, and while we see recognition of this in our export markets, it can be difficult for farmers to stomach when the domestic market does not recognise it.”

Download

0 Comment

loginuserlogo
Name

Please enter your name


Email

Please enter your email

Please enter valid email


Comment

Please enter your comment


Post Comment

Your comment has been submitted successfully. Please wait for admin approval.


Comments

No comments posted yet. Be the first to post a comment


Canada | 24 August 2016
Canadian farmers see bumper wheat crop as rain curbs quality

Canada’s wheat production will rise more than expected this year, adding to a global glut of the grain, while canola output will probably decrease, according to a government report. Wheat output wi...


France | 24 August 2016
Lactalis ready to discuss milk prices with angry French farmers

Europe's largest dairy producer, Lactalis, said on Tuesday it was ready to renegotiate milk prices paid to producers after hundreds of farmers protested outside its headquarters in northwestern France...


Japan | 24 August 2016
Is Japan's wagyu beef bubble bound to burst?

Bad news for high-end beef lovers: Japan’s Wagyu bubble could be on the verge of bursting. Prized Wagyu calves are currently fetching wildly inflated prices, says Nikkei Asian Review, and "If sky-high...


USA | 24 August 2016
Grassley to hold hearing on agriculture mergers next month

Iowa Sen. Chuck Grassley said Tuesday he will hold a hearing next month to discuss a wave of consolidation among seed and chemical producers, including the merger of Dow and DuPont. The chairman of...


Kenya | 24 August 2016
Should agriculture be a required school subject?

Despite the grumbling of many frustrated American school kids taking math tests, the broad subjects required in public schools each have firm arguments for their respective inclusion. But that does...



Trending Now

Viewed
Discussed


Top stories you may have missed
FarmingUK
FarmingUK Logo

FarmingUK

The sustained recovery of pig prices since the spring has come at a time wh...


FarmingUK
FarmingUK Logo

FarmingUK

A World Trade Organisation (WTO) panel has declared the Russian import ban ...


FarmingUK
FarmingUK Logo

FarmingUK

A new study has linked oilseed rape crops grown from neonicotinoid-treated ...


FarmingUK
FarmingUK Logo

FarmingUK

Philip Hammond is to guarantee billions of pounds of UK government investme...


FarmingUK
FarmingUK Logo

FarmingUK

Access to the foreign labour market is 'critical', according the chief exec...


FarmingUK
FarmingUK Logo

FarmingUK

The Tenant Farmers Association has said the National Trust's vision for a p...


FarmingUK
FarmingUK Logo

FarmingUK

Ulster farmers will 'not lie down and wave the white flag' when Brexit nego...


FarmingUK
FarmingUK Logo

FarmingUK

The cost of rural crime to the UK economy costs £42.5 million a year, accor...


FarmingUK
FarmingUK Logo

FarmingUK

A young farmers club member from Oxfordshire has created a petition on the ...


FarmingUK
FarmingUK Logo

FarmingUK

The farming sector has reacted negatively to a proposal to reintroduce the ...


closeicon
Username
Password