Auto Trader Ltd
Farminguk
28 May 2016 | Online since 2003
Briefing Media - FG Classified


28 May 2014 10:11:31|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 high lights 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





0 Comment


loginuserlogo
Name

Please enter your name


Email

Comment

Please enter your comment


Post Comment

Your comment submitted successfully.Please wait for admin approval.


Comments

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

World News

Canada | 27 May 2016
Southern Ontario farmers launch their own weather network

Southern Ontario farmers are building their own weather network to more accurately record how conditions will affect their crops. The AG Grower Daily Dashboard project is designed to give farmers h...


Australia | 27 May 2016
National Australia sees farmers seeking loans to weather crisis

National Australia Bank Ltd., the nation’s largest lender to farmers, is expecting its dairy clients to seek short-term credit to assist them as slumping milk prices have thrown the industry into a cr...


USA | 27 May 2016
Central Indiana county approves livestock farm restrictions

A central Indiana county has approved new restrictions on big livestock farms limiting where those farms with hundreds or thousands of animals can be built. The ordinance approved this week by the ...


Ireland | 27 May 2016
Dairy farmers' income plight in spotlight

IFA president Joe Healy, who met with EU Agriculture Commissioner Phil Hogan in Brussels, said the majority of dairy farms will be in the red this month. He urged the Commissioner to act without de...


Canada | 27 May 2016
The changing face of Canada's farm industry

Mapping the evolution of Canada's farm industry is not as simple as just examining the numbers. Every five years, Canada's federal government asks us to provide details on who lives in our househol...



Trending Now

Viewed
Discussed

Farms and Land for sale

PropertyLocation
PropertyAgent
PropertyMinimumPrice
PropertyMaximumPrice
PropertyCategory

Holiday Rentals search

AccommodationKeyword
AccommodationType
AccommodationCounty
AccommodationStarRating


Top stories you may have missed
closeicon
Username
Password