Good news for beef producers
Lincolnshire based specialist agricultural accountants Moore Thompson say a deal to lift a 26-year ban on exporting British beef and lamb to Russia is a major boost for Fenland farmers.
The company, which has branches in Spalding and in the Deepings, reported that the Government had announced that Russia had agreed to lift the ban.
The ban was put in place by the Soviet Union in 1986 following the first BSE outbreak in the UK. The worldwide ban was lifted in 2006, but was kept in place by Russia.
Andrew Heskin, a partner in Moore Thompson’s Farming Sector team said he understood the lifting of the ban could be worth a potential £80m over the next three years.
He said: “This deal is a major boost to the local farming economy at a time of rising feed and energy prices. The Russian beef and lamb market has the potential to be highly profitable to our producers, and follows in the wake of a £50m agreement to export British port to China which the Government agreed in May.”
Email to a friend
Print this page
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Spalding
Wednesday 22 May 2013
Today
Light showers
Temperature: 4 C to 15 C
Wind Speed: 18 mph
Wind direction: North west
Tomorrow
Light showers
Temperature: 5 C to 10 C
Wind Speed: 23 mph
Wind direction: North west
