The Farmers Mart Aug/Sep 2014 - Issue 35 | Page 33

CATTLE

Beef prices unlikely to
recover until late 2014
Beef prices are unlikely to recover until later in
2014, according to the latest Eblex outlook.
UK supplies of beef and veal remain
higher than in 2013 but should
tighten up later this year and into the
next, the quarterly report said.
The levy board slightly raised its
forecast beef production for 2014 to

‘875,000t - 6,000t higher’

875,000t – 6,000t higher than in the
April outlook.
But production in 2015 is forecast to be
two percent down on the year as lower
numbers prevail over heavier carcass
weights.
In the wake of the UK’s beef pricing
crisis, Waitrose has raised its “price
floor” for British beef.

The supermarket set a minimum price
it would pay British farmers for their beef
at £3.40 per kilo until September 2014.
However, this has now been raised to
£3.45 per kilo until 1 October 2014. In
addition to this price rise, Waitrose will
also raise the price paid for standard
British cattle, used for the Essential
Waitrose range, by 0.02p per kilo.

JOKE OF THE MONTH
A couple drove several miles down a country road, not saying a word.
An early discussion had lead to an argument and neither
wanted to conced their position. As they passed a barnyard
of mules and pigs, the wife sarcastically asked, “Relatives
of yours?” “Yep,” the husband replied, “In-laws.”

To read more, visit www.farmers-mart.co.uk

Green’s Farm Supplies have
now printed a little book
of jokes and all monies
raised from its sale will
be going to the Yorkshire
Air Ambulance charity.

FarmersMart Aug/Sep 2014

33