Why prices of bread, beer and biscuits will soar this year

The price of bread, beer and biscuits may rise this year as research suggests the unusually wet weather seen over autumn and winter could hit UK harvests by almost a fifth. The Energy and Climate Intelligence Unit analysed the crop area forecasts from the Agriculture and Horticulture Development Board as well as Government yield data.

The warning comes just as food prices are beginning to fall following skyrocketing inflation sparked by the global gas price crisis. Wheat production could be hit particularly hard, with the ECIU estimating a fall of more than a quarter – 26.5% – compared to 2023. “We went through the winter with virtually nothing viable drilled, and while it’s now dry enough to plant some fields some of them are so bad I don’t think they’ll get drilled this year. The situation is very hit and miss.” It comes as the National Farmers’ Union recently said extreme weather presents one of the biggest threats to UK food security.

Noting that half of British food comes from abroad, Mr Lancaster said the Government will have to ensure farmers both in the UK and abroad are supported. “Moving faster to net zero emissions is the only guaranteed way to limit these impacts and maintain our food security,” he added.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cost of living energy bills: What is the energy price cap?The £238 fall over the year equates to around £20 saved each month for the average household in England, Scotland and Wales
Source: Observer_Owl - 🏆 18. / 72 Read more »

Climate Experts Say Clean Energy Shift Can and Must Lift Up Poorer Communities(L-R) Shailene Woodley, Robert D. Bullard, Ph.D., and Christiana Figueres speak onstage during the 2024 TIME100 Summit at Jazz at Lincoln Center on April 24, 2024 in New York City.
Source: TIME - 🏆 93. / 53 Read more »

EU Climate Goals Require $2.7 Trillion in Energy Infrastructure InvestmentTo reach the EU's climate goals by 2050, Europe's energy infrastructure will require an estimated $2.7 trillion in investment.
Source: OilandEnergy - 🏆 34. / 68 Read more »

Renewable Energy Investment Not Enough to Reach Paris Climate TargetAccording to renewable energy think tank REN21, the current record-breaking levels of investment in clean energy are not enough to hit the Paris climate target.
Source: OilandEnergy - 🏆 34. / 68 Read more »

Nuclear Energy Experiencing Renaissance Amid Global Energy CrisisNuclear energy is enjoying a renaissance in the U.S. and Western countries due to the global energy crisis. Several nations have pledged to triple nuclear power capacity by 2050 and work towards fully unlocking the potential of nuclear energy.
Source: OilandEnergy - 🏆 34. / 68 Read more »

The Growing Importance of Energy Storage in the Renewable Energy SectorThe energy storage sector is set to double in size by 2024 as renewable energy production capacity increases. However, the wide-scale use of lithium-ion batteries poses challenges due to the negative environmental and health impact of lithium mining.
Source: OilandEnergy - 🏆 34. / 68 Read more »