Farm-assured beef and lamb add value at farmgate
Farm assurance continued to add value at the farmgate in 2013, with assured beef cattle returning an average of 13p/kg more than non-assured last year, according to Eblex.
The Eblex Farm Assurance Price Analysis Update 2013 revealed the price data from English livestock markets reporting to AHDB. Assured older steers returned the best results, averaging 18.55p/kg more than non-assured.
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.
“Historically, farm-assured cattle and lambs have always tracked above the market average for some supply chains. The data for 2013 again highlights that farm assurance adds value at the farmgate.”
According to the data, assured new-season lambs made 6.5p/kg more than non-assured between January and December last year, with assured old-season lambs averaging 10p/kg more than non-assured over the same period.
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 foodservice sector, and this confirms our members are seeing the direct benefit.”
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