Higher fuel prices have pushed up the cost of production for all English beef and sheep enterprises, according to EBLEX’s latest Business Pointers report.
The figures for the year to 31 March 2010 showed that a 20% rise in fuel prices added 2-3p/kg lw to power and machinery costs across every type of enterprise.
Average production costs were £2.73/kg lw for lowland suckler herds; £2.99/kg for suckler herds in Less Favoured Areas; £2.03/kg for lowland breeding flocks; and £1.95/kg for LFA flocks.
High stock prices also added to the costs for extensive and intensive beef and sheep finishers.
See initial findings from the report at www.eblex.org.uk – click on “Latest news”.