[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

UK economy on brink of collapse (Needs IMF Bailout)

How Red Light Unlocks Your Body’s Hidden Fat-Burning Switch

The Mar-a-Lago Accord Confirmed: Miran Brings Trump's Reset To The Fed ($8,000 Gold)

This taboo sex act could save your relationship, expert insists: ‘Catalyst for conversations’

LA Police Bust Burglary Crew Suspected In 92 Residential Heists

Top 10 Jobs AI is Going to Wipe Out

It’s REALLY Happening! The Australian Continent Is Drifting Towards Asia

Broken Germany Discovers BRUTAL Reality

Nuclear War, Trump's New $500 dollar note: Armstrong says gold is going much higher

Scientists unlock 30-year mystery: Rare micronutrient holds key to brain health and cancer defense

City of Fort Wayne proposing changes to food, alcohol requirements for Riverfront Liquor Licenses

Cash Jordan: Migrant MOB BLOCKS Whitehouse… Demands ‘11 Million Illegals’ Stay

Not much going on that I can find today

In Britain, they are secretly preparing for mass deaths

These Are The Best And Worst Countries For Work (US Last Place)-Life Balance

These Are The World's Most Powerful Cars

Doctor: Trump has 6 to 8 Months TO LIVE?!

Whatever Happened to Robert E. Lee's 7 Children

Is the Wailing Wall Actually a Roman Fort?

Israelis Persecute Americans

Israelis SHOCKED The World Hates Them

Ghost Dancers and Democracy: Tucker Carlson

Amalek (Enemies of Israel) 100,000 Views on Bitchute

ICE agents pull screaming illegal immigrant influencer from car after resisting arrest

Aaron Lewis on Being Blacklisted & Why Record Labels Promote Terrible Music

Connecticut Democratic Party Holds Presser To Cry About Libs of TikTok

Trump wants concealed carry in DC.

Chinese 108m Steel Bridge Collapses in 3s, 16 Workers Fall 130m into Yellow River

COVID-19 mRNA-Induced TURBO CANCERS.

Think Tank Urges Dems To Drop These 45 Terms That Turn Off Normies


World News
See other World News Articles

Title: UK Sleepwalking Into Food Crisis As Fresh Produce Set To Vanish From Supermarkets
Source: [None]
URL Source: https://www.zerohedge.com/commoditi ... roduce-set-vanish-supermarkets
Published: Apr 1, 2022
Author: Tyler Durden
Post Date: 2022-04-01 08:01:22 by Horse
Keywords: None
Views: 302
Comments: 1

The National Farmers' Union has warned the UK is sleepwalking into a food security crisis. Soaring energy and fertilizer costs have led to an unprecedented situation where growers' margins have collapsed, forcing many to halt growing operations.

Reuters says because of the inclement weather in the UK. Farmers grow cumbers, plant peppers, aubergines, and tomatoes in vast greenhouses. Greenhouses use natural gas for heat, but after last year's surge in gas prices exacerbated by Russia's invasion of Ukraine last month, the crops have become uneconomical to produce.

Trade body British Growers said the average cost to produce a cucumber in Britain before the energy crisis was around 25 pence, which is now more than doubled and set to hit 70 pence when higher energy prices fully kick in.

"Gas prices being so sky-high, it's a worrying time," grower Tony Montalbano said.

"All the years of us working hard to get to where we are, and then one year it could just all finish," Montalbano said.

He noted his 30,000 square meters of glasshouses at Green Acre Salads business, which supplies major supermarkets such as Tesco, Sainsbury's, and Morrisons, are shuttered because costs outpace market prices. In fact, the farmer would be losing money if he were to grow.

Compared with this time last year, European gas prices are up a mindboggling 500%.

Fertilizer prices have tripled since last year, along with soaring prices for packaging, diesel, freight, labor, and everything related to running a grow operation.

"We are now in an unprecedented situation where the cost increases have far outstripped a grower's ability to do anything about them," said Jack Ward, head of British Growers.

With many greenhouses offline, this will inevitably push down the output of produce for supermarkets and result in persistent and or even higher food inflation when overall inflation is at historic levels.

To give an idea of just how bad the situation is, the Valley Growers Association, whose members produce about 75% of Britain's cucumber and sweet pepper crop, said 90% of farmers didn't plant in January. Others said they would not grow with elevated gas prices.

"There's definitely going to be a lack of British produce in the supermarkets," association secretary Lee Stiles said. "Whether there's a lack of produce overall depends on where and how far away the retailers are prepared to source it from."

The UK could increase imports of produce, but countries worldwide are implementing protectionism measures to keep farm goods domestically to mitigate shortages due to the Ukraine conflict disrupting the global food supply.

Like many other countries worldwide, the UK is sleepwalking into a food crisis.


Poster Comment:

Skyrocketing power prices are forcing the vast network of Dutch glasshouses -- the continent's biggest -- to go dark or scale back. They used to be the second biggest food exporter. No More.

https://www.bloomberg.com/news/articles/2021-09-30/your-tomatoes-may-cost-more-as-gas-prices-hit-dutch-greenhouses

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

Begin Trace Mode for Comment # 1.

#1. To: Horse (#0)

UK Sleepwalking Into Food Crisis As Fresh Produce Set To Vanish From Supermarkets

How on Earth will they be able to make Trifle? ;)

BTP Holdings  posted on  2022-04-01   8:18:16 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 1.

        There are no replies to Comment # 1.


End Trace Mode for Comment # 1.

TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]