An influx of Australian steak into the UK is undercutting domestic production, British farmers have warned, as the livestock sector starts to feel the effects of post-Brexit trade deals.
A sharp uptick in imports of prime Australian cuts such as strip loin and rib was eroding confidence in the livestock sector, the National Farmers’ Union and National Beef Association told the Financial Times.
“These high-value cuts have the most distorting impact upon the UK beef market,” said David Barton, NFU chair of the national livestock board, because they are sold at a lower price than British cuts.
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