Wed Feb 27, 2013, 07:11 PM
alp227 (23,181 posts)
Horsemeat scandal: farmers 'must not bear cost of tighter regulation'
Hard-pressed farmers have warned that they could be driven out of business if they are forced to pay for tighter regulation and testing as a result of the horsemeat scandal.
"Profit margins on beef are wafer thin and not sufficient to bear additional costs," said Charles Sercombe, chairman of the National Farmers Union's (NFU) livestock board, at the union's annual conference in Birmingham.
He spoke after Philip Clarke, chief executive of Tesco, told the conference that the UK's biggest supermarket would source more meat in the UK and step up scrutiny of suppliers, including installing video cameras at their factories.
That prompted a string of farmers to warn that they could not cope with extra red tape as a result. One farmer said: "That cost cannot come back to us. We are not making any money out of the system and if it comes back to us you won't have beef, chicken, lamb or pork producers."
Read more: http://www.guardian.co.uk/uk/2013/feb/27/horsemeat-scandal-farmers-tighter-regulation
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Horsemeat scandal: farmers 'must not bear cost of tighter regulation' (Original post)
|Shivering Jemmy||Feb 2013||#6|
Response to alp227 (Original post)
Wed Feb 27, 2013, 10:06 PM
DJ13 (22,170 posts)
3. "Profit margins on beef are wafer thin and not sufficient to bear additional costs,"
Record-High US Cattle, Beef Prices Seen in 2013
Monday, 11 Feb 2013 10:25 AM
U.S. cattle and beef prices should set more record highs this year as the worst drought in half a century, which wilted pastures and drove up feed costs, forced producers to trim the nation's herd to the smallest since 1952, according to industry marketing and analytics firm CattleFax.
Prices for slaughter-ready cattle, or fed cattle, could average $126 per cwt, up $3 from last year, which would be a fourth consecutive yearly increase, Cattlefax CEO Randy Blach said during a recent session at the National Cattlemen's Beef Association annual meeting.
"We'll see record high fed cattle prices at some point here in the spring where we'll see the market top the $130 level of last year," said Blach.
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Response to DJ13 (Reply #3)
Thu Feb 28, 2013, 12:46 AM
bluedigger (11,553 posts)
4. Prices are not profits.
Prices are high due to supply and demand, not gouging. Not that US market prices have much of anything to do with conditions in Great Britain.
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