Has anyone had any experience dealing with Noble Foods? I am considering sitting down with them and trying to do some due diligence.
In order to become a new free range producer?
Yes... have you dealt with them?
Has anyone had any experience dealing with Noble Foods? I am considering sitting down with them and trying to do some due diligence.
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.
Noble just dropped price for mediums by 7p.
Seems unbelievable people even considering getting in to the egg job right now.
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....