Beef enterprises need a marked improvement in margins.

A report in the Farmers Weekly suggests that a marked improvement in margins is needed across all beef enterprises to allow them to reinvest and pay a decent wage to the farmer.

While better retail prices remain fundamental if sums are to stack up, producers can also do much to improve the figures through better cost management, says Mark Topliff, economist at the Agriculture and Horticulture Development Board.

Figures gleaned from EBLEX Business Pointers, covering the financial performance of English beef sectors during the year to 31 March 2010, show costs remain the biggest differentiator between the top third, average and bottom third of producers concerning the bottom line.

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