Livestock farmers fear the Office of Fair Trading’s investigation into retail price initiatives for milk will scupper their chances of similar deals in the beef sector.
National Beef Association chairman Duff Burrell said the OFT took too narrow a view of the market for primary agricultural products.
“We believe that the OFT’s current position, which stamps hard on any
post-decoupling effort to sustain domestic production through revised attitudes to ex-farm prices, is against consumers’ long-term interests and will undermine national food security unless it is modified.”
Burrell said only a significant realignment of the retail price, together with a drop in production costs, would guarantee future deliveries of UK beef at volumes close to current levels.
>>p54 No reason to fear OFT, says FFA