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Red Tractor Beef lifetime Assurance.
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<blockquote data-quote="cowboysupper" data-source="post: 944914" data-attributes="member: 711"><p>I'm from NI so our Farm Quality Assurance Scheme (FQAS) has equivalence with RT. In NI if we don't have FQAS (and over 99% of all cattle are) then our cattle are out of spec and not fit for the retail market. That means it goes into the wholesale commodity market and competes with imported beef on the European market, so the processor will need to discount it if they want to sell it.</p><p></p><p>Ultimately it will depend on the processor and their access to markets. We have 5 powerful processors who absorb the vast majority of NI cattle and they all serve customers with high specs in the UK market where over 80% of beef if exported to.. There are only a small number of smaller processors who take the out of spec cattle eg no FQAS, ROI cattle finished in north, more than 4 residencies etc. But they'll pay you less accordingly (£100--150).</p><p></p><p>Unfortunately all beef produced is not just beef. Being farm assured where I come from is part of the spec. I can have the perfect animal for weight,age etc, but if it's not farm assured I'm getting paid less. I could go direct to a butcher non assured cattle if I really wanted but that's not overly practical at the minute.</p><p></p><p>As far as I'm concerned being farm assured is pretty important or we lose a lot of money. But I don't think life assurance will make us any better off and potentially has other unintentional consequences. So I'm not convinced of its necessity at all.</p></blockquote><p></p>
[QUOTE="cowboysupper, post: 944914, member: 711"] I'm from NI so our Farm Quality Assurance Scheme (FQAS) has equivalence with RT. In NI if we don't have FQAS (and over 99% of all cattle are) then our cattle are out of spec and not fit for the retail market. That means it goes into the wholesale commodity market and competes with imported beef on the European market, so the processor will need to discount it if they want to sell it. Ultimately it will depend on the processor and their access to markets. We have 5 powerful processors who absorb the vast majority of NI cattle and they all serve customers with high specs in the UK market where over 80% of beef if exported to.. There are only a small number of smaller processors who take the out of spec cattle eg no FQAS, ROI cattle finished in north, more than 4 residencies etc. But they'll pay you less accordingly (£100--150). Unfortunately all beef produced is not just beef. Being farm assured where I come from is part of the spec. I can have the perfect animal for weight,age etc, but if it's not farm assured I'm getting paid less. I could go direct to a butcher non assured cattle if I really wanted but that's not overly practical at the minute. As far as I'm concerned being farm assured is pretty important or we lose a lot of money. But I don't think life assurance will make us any better off and potentially has other unintentional consequences. So I'm not convinced of its necessity at all. [/QUOTE]
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