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