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

Status: Not Logged In; Sign In

It's All Part of the PLAN! THIS is what THEY wanted all along!

Vacant home and rental tax coming for all homeowners

FBI Pays Visit to Pro-Palestine Journalist Alison Weir's Home

Ukraine Launches First ATACMS Strike On Russia, Sending Markets Reeling Amid WW3 Fears

Survivors describe deliberate killings, starvation and forced displacement

The Cheney-loving Democratic party needs a reckoning about war

Walmart stock soars 60% in 2024, its best year since 1999.

Mad At The Election? Blame Obama

AOC Says Dems Hurt By Yielding To AIPAC's "Wildly Unpopular Pro-Israel Agenda"

DNC Fires Loyal Staffers with One Day’s Notice, No Severance

Diabetes Cases Quadruple Over 30 Years; WHO Urges Lifestyle Changes

Medical Doctors react to RFK Appointment

Bill Maher tries to explain to baffled William Shatner why Harris lost election

Trump at UFC

Lying Joe Scarborough knows RFK Jr is The Best Candidate To Lead HHS

BOMBSHELL New Diddy Allegations Rock Hollywood and D.C.

Leftists Leave X For Bluesky Only To Overwhelm Site With Mass Censorship Demands

Kamala’s Absurd Ovary Actions

Five Reasons Why The 2024 Election Has Been Devastating For Leftists

A Real Life Example Of How Democrats Claim To Save You Money

"SHALL NOT BE COUNTED": Pennsylvania Supreme Court Orders Rogue Officials To Stop Counting Illegal Ballots

NYC voter shock

Thousands of Retired Officers, Veterans Are Volunteering for Unprecedented Deportation Effort

A US offensive missile base aimed at Russia was put into service in Poland

Morning Joe & Mika flip to Trump, realizing their bias lost viewers—

"Precedent... Doesn't Matter Anymore": Democrats Dispense With Pretenses & Principles In Pennsylvania

How Elon Musk’s DOGE Will Work

"Republican Caesar" - Legacy Media Meltdown Over Trump's Triumphant UFC Appearance

Fetterman Defends Democrats Counting Invalid Votes In PA Senate Race

Trump's Plans For Russia And The Middle East | Victor Davis Hanson


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: 232
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

#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? ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

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


TopPage UpFull ThreadPage DownBottom/Latest


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