28 February 2015 | Online since 2003



28 May 2014|Cattle,Finance,News

Farm assurance continues to add value at the farmgate


Farm assured beef cattle returned an average 13p/kg more than non-assured stock at markets last year, according to EBLEX.

The Farm Assurance Price Analysis Update 2013 also revealed that farm assured new season lambs made 6.5p/kg more than non-assured, while old season lambs averaged 10p/kg more.

Assured older steers performed best, averaging 18.55p/kg more than their non-farm assured counterparts.

Liz Ford, EBLEX regional project manager, said: “It is well documented that cattle prices have been declining. However, the analysis update demonstrates the benefits of farm assurance, irrespective of what the price might do. With the exception of cull cows, all cattle categories in 2013 saw the largest price differences since we started analysing this data in 2005.

“Farm assured cattle and lambs have historically always tracked above the market average for some supply chains. The data for 2013 again highlights that farm assurance adds value at the farmgate.”

Philippa Wiltshire, Red Tractor Assurance sector manager, said: “These latest figures show that Red Tractor assured farmers selling more than two finished cattle or 57 new season lambs per year will benefit financially as a result. The demand for farm assured beef has risen over the last year following the horsemeat scandal, particularly from the food service sector and this confirms our members are seeing the direct benefit.”

Download



Comments


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

To post comment without approval login or register

Display name

Please enter your name

Email (optional)
Comment

Please enter your comment

Post Comment

Your comment submitted successfully.Please wait for admin approval.

Some error on your process.Please try one more time.



Jobs


19 February 2015
Account Manager
Our offices are in a converted barn on a farm in Uffington and are modern, comfortable and extremely well equipped. £23-27,00...

19 February 2015
Deputy Exploration Manager - Scandinavia
PSD have been retained to find an experienced Deputy Exploration Manager with extensive Oil & Gas experience to join an inter...

22 February 2015
Agricultural Partner / Senior Solicitor
People with plenty experience within agriculture and property are encouraged to apply. This is an outstanding opportunity for...

26 February 2015
Private Client Department Head - Shropshire
Agriculture ie. APR, succession etc. Our client is a highly regarded law firm in Shrewsbury....

17 February 2015
Work Placement Officer
Barnsley College is an exciting place to be. In recent times, we’ve enjoyed considerable success and our reputation for quali...




Top stories you may have missed
2 February 2015 | Arable
Is EU membership damaging UK farming?

Is EU membership damaging UK farming?

Membership of the EU is damaging the British farming industry, according to...


29 January 2015 | Machinery and Equipment
Drones 'rapidly changing' agriculture

Drones 'rapidly changing' agriculture

BASIS has launched an accreditation for pilots of Unmanned Aerial Systems (...


23 January 2015 | Arable
UK wheat yields have potential to double

UK wheat yields have potential to double

UK wheat yields have theoretical potential to more than double over the nex...


23 January 2015 | Machinery and Equipment
Crowds flock to LAMMA 2015

Crowds flock to LAMMA 2015

Britain’s farmers flocked to Peterborough for the first day of LAMMA’15 to ...


22 January 2015 | Cattle
Don't blame supermarkets for milk crisis...

Don't blame supermarkets for milk crisis...

The crisis in the dairy industry is not the fault of supermarkets, accordin...


16 January 2015 | CLA
Families affected by HS2 face 'major wor...

Families affected by HS2 face 'major wor...

Transport Minister Baroness Kramer visited three rural businesses in Cheshi...


16 January 2015 | Machinery and Equipment
John Deere unveil new 6R tractor range

John Deere unveil new 6R tractor range

Spearheading the John Deere range of mid-size tractors from Mannheim, the n...


14 January 2015 | Animal Health
Monthly TB checks more effective than ba...

Monthly TB checks more effective than ba...

Regular testing for bovine TB could significantly reduce the number of infe...


12 January 2015 | News
Government regulations hampering UK agri...

Government regulations hampering UK agri...

Single-issue policy-making threatens to hamper, not help, the progress of U...


8 January 2015 | Cattle
2015: The year ahead for the beef market

2015: The year ahead for the beef market

2014 has been a “rocky old year” for the beef industry but better prices ar...