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UK farmers: 5p/kg drop takes away another £500,000 from businesses

Christian Fernsby |
The future of the UK beef industry is being traded away for pennies, farmers warn, with every penny removing over £110,000 from producers.

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Farmers in the beef industry fear price reductions are ensuring more suckler cattle disappear from British farms.

A lack of competition within the industry has been blamed, with bid prices from the major processors staying on a par, and a restriction in options for finishers.

The National Beef Association (NBA) has called for an urgent meeting and investigation at parliamentary committee level.

“Talk of further reductions next week demonstrates the contempt that processors are showing for farmer producers,” said Chris Mallon, NBA chief executive.

“Another 5p/kg drop takes away another £500,000 from struggling family businesses.”

He added: “The reasons being given, appear to come from the ‘big book of processor excuses’, which seems to be given to all procurement officers.

“Reasons have included poor trade for offal, poor trade for hides, and struggling consumer demand. All would have some credence if these same companies were not importing product to fill UK supermarket shelves.”

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