Noble foods free range

focussed

Member
Has anyone had any experience dealing with Noble Foods? I am considering sitting down with them and trying to do some due diligence.
 

Tom.6420

Member
Livestock Farmer
Yes.
Just get your figures nailed down. Feed @270 pullets @4.10 whatever egg price they offer. If it looks ok good luck to you. We are packing in but some can make it work at these prices. Be wary of the predicted egg numbers they tell you is possible.
Just too much risk from my side of the table when they can keep putting prices down with not a dam thing you can do about it.
 

Frodo2

Member
Is it a new enterprise you are planning? I would be slightly worried that there is a bit of an egg surplus at the moment, although as its a 20 year investment today's figures don't matter as much as you might think.

I find noble OK. They are a massive company which undoubtedly has pros and cons.

Interestingly I had been told they had stopped expansion, but perhaps you are at a fairly advanced stage.
 

focussed

Member
Thank you everyone. Basically my situation is that I am trying to create more work (and profit!) on a relatively small acreage...... so I am looking for some sort of additional enterprise.... broilers is another option but £2mil start up costs are very off putting, and it’s also a bit to industrial for my liking...
 

Daniel

Member
64000 bird 'high welfare' units are the thing to be shouting about now if you follow Vencomatic on Twitter.

Those sheds are being built for Wot-a-pullet I think, they have more in the pipeline for their 'Northern Poultry Campus'. This despite the fact their chief executive sat on stage at the free range conference for a Q + A, where we were told that there were already enough free range eggs being produced to see us through the ending of cage eggs for supermarkets in 2025.
 

traineefarmer

Member
Mixed Farmer
Location
Mid Norfolk
Has anyone had any experience dealing with Noble Foods? I am considering sitting down with them and trying to do some due diligence.

I'd recommend sitting down with a psychologist if you are thinking about getting into eggs at the moment.

Seriously.

My family have been in egg production on small/medium scale for 70 years. Not with Noble - I have no experience of being tied to a contract - and we have just cut back on production by a third. Permanently.

Domestic oversupply and crazy cheap imports are killing it. Brexit may help things with the imports - the fall of the pound helped prices and demand for about 6 months. As part of your due diligence makes sure you speak to independent pullet rearers, feed suppliers and spent hen buyers who will tell you tales of bankruptcies, unpaid bills and cancelled orders.

There is a good reason why Noble and other large packers contract out the majority of their production, they are protecting themselves from the most risk intense side of their business.
 

Daniel

Member
I'd recommend sitting down with a psychologist if you are thinking about getting into eggs at the moment.

Seriously.

My family have been in egg production on small/medium scale for 70 years. Not with Noble - I have no experience of being tied to a contract - and we have just cut back on production by a third. Permanently.

Domestic oversupply and crazy cheap imports are killing it. Brexit may help things with the imports - the fall of the pound helped prices and demand for about 6 months. As part of your due diligence makes sure you speak to independent pullet rearers, feed suppliers and spent hen buyers who will tell you tales of bankruptcies, unpaid bills and cancelled orders.

There is a good reason why Noble and other large packers contract out the majority of their production, they are protecting themselves from the most risk intense side of their business.

And yet, despite that, firms like Wot a Pullet above are pushing ahead with big new farms.

They must be assuming they'll be in so deep with their bank that everyone else will go under before theirs pulls the plug.

A dangerous game.
 

Tom.6420

Member
Livestock Farmer
No feed link unchanged I believe . But the feed link was reduced not si long ago a lot of producers either didn't re sign on to it or took a big hit at the time.
Crazy that noble still paying new shed bonus and taking on new producers. Almost feels like they are quite happy with over supplied egg market which allows them to drop price to whatever they feel they need to....
 
No feed link unchanged I believe . But the feed link was reduced not si long ago a lot of producers either didn't re sign on to it or took a big hit at the time.
Crazy that noble still paying new shed bonus and taking on new producers. Almost feels like they are quite happy with over supplied egg market which allows them to drop price to whatever they feel they need to....

What's new shed bonus?
 

Daniel

Member
From BFREPA's text service:

'Noble reduce egg prices due to Small & Med market
L & VL UP 2p
Med down 7p
Smalls down to 22p inc bonus
G Sec down to 10p inc bonus
F Sec down to 15p inc bonus'

Anyone know what the existing prixe was for V Large, Large and Medium?
 

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