Farm assurance continues to add value at the farmgate
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.”
No comments posted yet. Be the first to post a comment
Please enter your name
Please enter your comment
Your comment submitted successfully.Please wait for admin approval.
Some error on your process.Please try one more time.
GM crops are good for the economy and can reduce the amount of pesticides u...
Demand from smaller European markets has helped drive strong growth for UK ...
A lack of engineers, not enough people promoting the land-based industries ...
Environment Secretary Elizabeth Truss is launching the National Pollinator ...
Agricultural specialists have welcomed a potential financial boost for youn...
As retailers continue to participate in a highly competitive race to the bo...
New farm business income data from Defra, which focus on income from March ...
Agriculture has remained one of the industries in which workers are most li...
Prime arable land in the UK has seen a substantial year-on-year growth in p...