NFU Looks To The Future Of Beef

UK - The National Farmers' Union (NFU) is working on a new strategy document targeting long-term profitability in the beef sector and protection from the market volatility of recent times. The document will suggest solutions to current market problems preventing long term profitability.
calendar icon 13 October 2010
clock icon 2 minute read
National Farmers Union

The NFU's beef group will drive the work forward amid concerns over low prices, which have fallen well below the cost of production and the price paid last year, and fears of high feed costs this autumn and winter.

Livestock board chairman Alistair Mackintosh said that despite positive long-term signals within the sector, farmers had real concerns.

He said: "I believe that British producers have an excellent story to tell and the long-term signals for the future of the industry are encouraging."

"British beef is second to none in terms of quality, its provenance and food safety as well as the many environmental benefits felt from its extensive production."

"However, the present price situation is unsustainable, particularly if we are to meet our future challenges and demands for beef with an increasing world deficit being predicted. We need to address the issue of volatility and price which is currently falling below the costs of production."

During its meeting this week, the NFU beef group agreed to produce a strategy document with three key aims:

  • To identify the present problems
  • To find solutions to ensure more long-term profitability
  • To highlight where all members of the supply chain can have a positive impact on the future of British beef production.

Mr Mackintosh added: "It is essential that we end up with a document that not only highlights the failings of the current situation but also the positives of the present supply chain model. We need to ensure the strategy enables all members of the supply chain to step up to the mark and have a positive impact on the future production and supply of British beef."

"With the CAP reform due in 2013, it is now more essential than ever that we identify how the market can mature and operate efficiently and effectively for the benefit of all. Ultimately this is about delivering profit back to beef producers."

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