Sadly that is exactly what the BPS was designed to do. Only problem Farmers we’re not quick enough to realise the fact. A builder will be charging out Gas 24 Year Old fitters at £56.0 hour.I could rewrite the article to say: "We are now going to pay our producers a fair price for the pigs they produce, to reflect the fact that their inputs have more than doubled and they are complying with our required standards that add significantly to their cost of production over and above that of imported pig meat."
My wife read a comment on this article this morning. It said why are we supporting these farmers? They get a fortune in government subsidies, and now the supermarkets are having to subsidise them as well.
Now is the time to review CONTRACTS, be like a footballer employ an agent? Just have a look at Cranswick profits.
Part of the reason the ‘Industry’ is so supportive of Red Tractor is they police the Supply industry making them conform at greater cost to the producer but at no additional cost to the supply industry.
if you want a builder to modify the build it will cost you money. Any amendment to the original contact will cost you money.
A modified COP contract might be now worth looking at with bonuses if certain criteria are met. Remember you will only be kill by the low prices never by the high Prices.
If you compare some of the Egg contracts to recent Bank challenges they are somewhat similar. In the case of egg producers the contract is designed to disadvantage the producer by not allowing regular reviews. Once committed the producer has no option but to produce Irrespective of his/her costs. The industry has even been know to pay new entrant a higher price per unit because they have a new build. Somewhat cynical me thinks.