Russia’s move to lift beef and lamb export ban is good news for Cambs farmers, says Fenland accountants

17:17 07 December 2012

Andrew Heskin.

Andrew Heskin.

Archant

A DEAL to lift a 26-year ban on exporting British beef and lamb to Russia is a major boost for Fenland farmers, says a firm of specialist agricultural accountants.

The Government recently announced that Russia had agreed to lift the ban, which was initially put in place by the Soviet Union in 1986 following the first BSE outbreak in the UK. The worldwide ban was lifted in 2006, but was kept in place by Russia.

It is understood that the lifting of the ban could be worth a potential £80million over the next three years.

Andrew Heskin, a partner of Fenland accountancy firm Moore Thompson’s farming sector team, said: “This deal is a major boost to the local farming economy at a time of rising feed and energy prices.

“The Russian beef and lamb market has the potential to be highly profitable to our producers and follows in the wake of a £50million agreement to export British pork to China which the Government agreed in May.

“Our farmers have a major part to play in growing our economy and this deal will give them a firm footing to increase production and exports.”

Russia kept the ban amid fears over the threat of Bovine Spongiform Encephalopathy (BSE), however the controls are now so tight that the disease has virtually disappeared in the UK.

Moore Thompson provides specialist accountancy advice to agricultural and horticultural businesses, including many beef and lamb producers in Lincolnshire and Cambridgeshire.

0 comments

More news stories

44 minutes ago

Twelve Year 8 students from the College travelled to Norwich as part of the College’s ‘Brilliant Club’ programme. The students were given a number of tasks which, if completed, allowed them to ‘graduate’.

17:06

A bid to raise money for a new skate park for Bath Road in Wisbech needs some expert help to make funding bids.

Yesterday, 17:11

A Chatteris recycling company boss jailed for a £1.1 million VAT fraud has been given a choice to either pay back over £217,000 or face two more years in prison.

10:53

A Wimblington dad is preparing for his first boxing match at a charity event that sees amateur novices get in the ring to raise money for Cancer Research.

Most read stories

Most commented stories

HOT JOBS

Show Job Lists

HOT JOBS

Show Job Lists

Digital Edition

Image
Read the Cambs Times e-edition E-edition

Newsletter Sign Up

Sign up to receive our regular email newsletter