Diesel (red) costs up 60%, Fertiliser costs up 65%. Grain prices up 6%. Borrowing costs and margins both predicted to increase. Transportation and distribution costs up.
Farming doesn't get any easier, UK farms closing at a pace.
What next for food prices and inflation ? |
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"Diesel (red) costs up 60%, Fertiliser costs up 65%. Grain prices up 6%. Borrowing costs and margins both predicted to increase. Transportation and distribution costs up.
Farming doesn't get any easier, UK farms closing at a pace.
What next for food prices and inflation ?"
What has Red diesel got to do with the costs going up. |
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Amazing how many different types of suppliers can find plausible excuses to jump on the price rise bandwagon!
I thought fertiliser came from South America, all of a sudden it comes from Iran, apparently. |
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"Amazing how many different types of suppliers can find plausible excuses to jump on the price rise bandwagon!
I thought fertiliser came from South America, all of a sudden it comes from Iran, apparently. "
Fertiliser is sourced globally, and a lot made in the uk with imported components
But the transportation costs:
Cost of fuel - cargo ship uses 60,000+ gallons a day
Marine insurance (as much as doubled)
Banks charging higher margins on invoice factoring and overdrafts
Uk haulage costs are higher - fuel costs
All this and more pushing up prices.
Remember as well farmers are locked into pricing deals with supermarkets. Squeezed both ends |
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By (user no longer on site) 6 weeks ago
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"Thank fuck we didn't add 10 million people this century.🤦♂️
No. Just moved them from their countries to ours!"
All those Doctors and I still can't see a GP ! 🤭🤭🤭 |
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