The price of British beef will soar when exports to Europe resume next week, it was warned today. The National Beef Association said prices could rise by up to 20 per cent by the summer.
The price hike would put British prices in line with European costs. The NBA warned the wholesale price increases could be passed on to consumers. Exports will resume from May 3, finally ending the ban brought in a decade ago to stem the spread of mad cow disease (BSE).
NBA chairman Duff Burrell warned: “The supermarkets won’t take a loss on that product for very long. They won’t be able to stand it. “The price will have to rise on the shop shelf or the supermarkets will have to cut their margin which they don’t like doing.”
Prime British beef currently commands prices of around £2 per kilo compared to an average £2.31 for the French equivalent and £2.35 for Spanish and Portuguese, according to the NBA.
4 comments:
Hey that looks familiar. Did you take this picture? :)
it meat was $20 a pound ..i still would buy it..nothing like a big fat juicy steak....
Mine would have had Yorkshire pudding on it hon :)
I love steak too , with chips ( proper chips... not skinny little fries)
I get that the gray stuff is beef..are those other things potatos??
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