The report says trade would collapse.
BEEF FARMERS ARE warning that a hard Brexit would be “catastrophic” for them.
A new report entitled Crisis – The EU Meat Industry in a Hard Brexit Scenario this week found that trade would “collapse” in the event of a hard Brexit.
The report adds that the scenario would lead to additional veterinary checks and increased transport costs lead to a reduction of trade in meat from EU to UK by up to 84% for beef, 76% for sheepmeat and 48% for pigmeat. The effect of this excess meat on the EU market would decrease beef price by 8.8% and pigmeat price by 7.3% in the short term.
“A hard Brexit represents the greatest threat to European producers, consumers and processors of meat, with a potential impact much greater than the Russian import ban.
“By potentially cutting off one of the largest and highest value meat markets in Europe, Brexit threatens to be catastrophic for the meat sector across Europe and UK.
“The findings contained in this Report confirm our worst fears: A Hard Brexit would send shock waves through the whole European meat industry, destroying jobs, crippling trade and devaluing meat output across the EU. The scale of this crisis is simply too great to ignore, and we implore policymakers to follow through on recommendations put forward in this Report and to protect this vital European food sector” he added.
The report says that there will be major disruption to modern fresh meat and just-in-time trade flows which are underpinned by sophisticated logistics systems, creating further losses for the meat sector, and depriving consumers in the UK of fresh meat supply.