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Welsh beef sector is 'heading for upturn'

Experts are predicting that the Welsh beef sector, which has had a difficult year because of rock-bottom farm gate prices, should see improved returns in the new year. HCC (Meat Promotion Wales) said an expected fall in imports, a tightening of the domestic supply and robust consumer demand could all contribute towards improved returns for Welsh beef farmers. The predicted upturn follows a very challenging period for the beef sector. Farm gate prices fell by more than 64p per kilo between April 2013 and June 2014 – leaving farmers with a 400kg animal receiving £250 less on every animal they produce. At the same time, the retail price shot up by more than 43p per kilo. But Charlotte Morris, HCC's industry information officer, said the sector can look forward to a much better 2015. 'The latest forecasts for beef and veal suggest that there will be lower cattle availability and reduced production in 2015,' she said. 'Significantly fewer beef calves were registered in the UK during 2013 and this will show in the market place.'

 

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