"The world's worst business" โ cattle are being shipped out of Finland because meat companies do not pay enough
Finnish farmers are exporting live cattle to foreign buyers, driven by significantly higher prices offered abroad than at home.
In Finland, farmers are facing a crisis as they struggle with the low prices offered by domestic meat companies for their cattle. Mikko Ylรถstalo, a farmer in Janakkala, is one of many who have received calls from foreign buyers, indicating a growing interest in exporting cattle to countries like Poland. Despite domestic demand, the prices offered for younger cattle abroad are substantially higher, raising concerns among farmers about their survival in a market dominated by local meat companies.
Last year, Finnish farmers achieved a record in live cattle exports, selling nearly 400 animals, although this number is still relatively small compared to the potential market. The reluctance among farmers to openly discuss their intentions to sell cattle can be attributed to fears of upsetting local meat processors, which control significant buyer power in the domestic market. Investigative reports indicate that the issue of export options is sparking discussions among farmers, showcasing the desperation faced in the local industry.
One notable case highlighted involved a farmer from Sievi who made a conscious decision to breach a contract with a local meat company to sell 69 cattle to a Polish buyer instead. This act underscores the growing frustration and willingness of farmers to seek better financial opportunities, challenging the status quo of how cattle farming operates in Finland. As this situation evolves, it may lead to broader implications for local meat companies and the future of Finnish agriculture.