Hi everyone,
Just wondering what everyones opinions are on which agricultural sectors are most at risk from free trade deals allowing cheaper foreign food to be imported.
Personally, I see UK dairy and cereals market as the most globalised in price thus being less likely to have a shock. Subsidies could go which could cause pain for the arable sector although dairy would be less affected by that. Root crops would be less affected also I would think.
I see the red meat sector as fairly risky with the potential to import South American or someone else's beef and undercut our own supply. The EU will keep to protect themselves from this. Not sure about the poultry sector, I don't know enough about it.
What does everyone else think?
Just wondering what everyones opinions are on which agricultural sectors are most at risk from free trade deals allowing cheaper foreign food to be imported.
Personally, I see UK dairy and cereals market as the most globalised in price thus being less likely to have a shock. Subsidies could go which could cause pain for the arable sector although dairy would be less affected by that. Root crops would be less affected also I would think.
I see the red meat sector as fairly risky with the potential to import South American or someone else's beef and undercut our own supply. The EU will keep to protect themselves from this. Not sure about the poultry sector, I don't know enough about it.
What does everyone else think?