UK: Bread and biscuit prices could rise due to wet weather

Published 2024년 4월 30일

Tridge summary

A report from the Energy & Climate Intelligence Unit (ECIU) warns that the UK's wet weather could lead to a significant drop in crop production, potentially raising the prices of bread, biscuits, and beer. The analysis indicates that the UK's wheat, barley, and oats harvests could decrease by over 17% compared to 2023, translating to a potential drop in production of these crops by four million tonnes in 2024. This could force food producers to import more goods from abroad, increasing costs. The UK Flour Millers trade association anticipates a 40% decrease in the summer wheat crop compared to the previous year due to the adverse weather conditions.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The price of bread, biscuits and beer could be at risk of rising as a result of months of wet weather in the UK, a report has suggested. Harvests of crops including wheat, barley and oats may fall by more than 17% this year compared to 2023. The Energy & Climate Intelligence Unit (ECIU), which produced the analysis, said that if there is a shortfall in UK crops, food producers may have to import more from overseas, potentially increasing costs. The UK has had one of the wettest winters on record and there has been a soggy start to spring in many parts of the country. The wet weather has left many fields too wet to be planted with new crops. The ECIU said that UK production of wheat, barley, oats and oilseed rape may drop by four million tonnes in 2024. It based its analysis on data from the Agriculture and Horticulture Development Board (AHDB) and yield figures from the Department for Environment, Food and & Rural Affairs. Inflation – which measures the pace of price rises – has ...

Source: UkrAgroConsult