Annual increase in beef prices

Another year of improved fortunes has been recorded by the British beef sector, according to the latest industry analysis conducted by the English Beef and Lamb Executive (EBLEX).
By The Newsroom
Published 21st Jul 2013, 01:00 BST

The last 12 months has seen the industry witness a record high for Great Britain deadweight R4L steers with the overall average price up by 11 per cent on figures for 2011.

The EBLEX and Agriculture and Horticulture Development Board (AHDB) Yearbook 2013 also highlights that, at an overall average of 350.3 pence per kg, the deadweight R4L steer price was up by 26 per cent on 2010 levels, reflecting an annual ascendancy in the sector’s fortunes.

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While the sheep sector has faced a number of challenges in the form of a drop in prices and the effects of severe weather conditions, EBLEX experts said, the UK remained a net exporter of sheep meat for the second year running with France retaining the top export market for fresh and frozen sheep meat.

Further statistics have been pulled together in the EBLEX/AHDB publication to provide farmers, auction markets, processors, retailers and other interested stakeholders, with an accurate picture of beef and sheep meat production in the UK. As well as production levels and exports, it includes data on livestock numbers, slaughterings, consumption, livestock and meat prices, abattoirs, auction markets and carcase classification.

James Pownall, EBLEX/AHDB head of data and analysis, said: “The Yearbook acts as a major reference source for beef and sheep farmers, providing as much key information as possible to help them make important business decisions.”

The book is available free of charge on request, subject to availability. To request a copy, email [email protected] or call 024 7647 8850. It is also available to download from www.eblex.org.uk

Related topics:AHDBFrance