30 June 1997
McDonalds return should boost beef prices
McDonalds return to the British beef market should help improve prices which
are at their lowest level for 17 years. But there are concerns among farming
interests that McDonalds will only purchase from 11 selected producer groups
which meet its specifications rather than buying from the stockpile of frozen
forequarters. Ian Smethurst, managing director of Midland Mart, said this could
cause a two-tier market.