Beef Expo takes a long-term view of business profitability

Beef farmers looking to achieve long-term business profitability should visit this year’s Beef Expo 2011 at Newark Showground on Thursday 26 May.

As ever, the event will play host to a wide variety of trade stands and demonstrations from across the beef sector all aimed at helping farmers maximise their enterprise profitability.

Beef farmers visiting the event will be able to learn about the latest developments in genetics, nutrition, husbandry, machinery and marketing to help them run an efficient and profitable beef farming business, explains event chairperson Rachel Gascoine.

“This year’s Beef Expo really will be a one-stop shop for everything beef farmers need to know to help make their businesses profitable for long into the future. With feed, fuel and fertiliser costs all rising, this is a critical time for the beef industry.

And, with the significant rises in input costs seen in recent months there has never been a more economically challenging time for beef production.

“The latest costings from EBLEX, QMS and HCC all show that most beef farmers are struggling to make ends meet. Beef Expo 2011 comes at a time when the thirst for knowledge in the sector is at its highest with beef farmers eager to see the latest innovations which could help them on the road to profitability.”

Speaking on behalf of the major sponsor, Gareth Oakley, agriculture director for Lloyds TSB Agriculture and Bank of Scotland, said the event would come at a critical time for many beef businesses. “With a growing population demanding more food, the underlying prospects for the beef sector look promising over the long term.

“But other factors such as CAP reform and input cost volatility will undoubtedly impact individual businesses. Against this backdrop it will be important to ensure a business-like approach is taken towards the planning and managing of the farm business; it could make a tangible difference to the profitability of many livestock units in the future.”

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