Bank governor in 'apocalyptic' warning over rising food prices

[Goweresque]

Really ? You think the CAP has been good for UK agriculture ? Are you serious ?
I think the 50% of small family farms lost since 1972 might disagree.

Maybe losing 50% of small family farms is a 'good' result when compared to other parts of the economy. Every other sector has had far greater consolidation into massive conglomerates than agriculture has. Its why we buy from a handful of companies and sell to a handful of companies. You cannot look at farming in isolation to what has happened to the rest of the economy. Personally I'd say farming is more like it was 50 years ago than just about any other business sector. And that is undoubtedly down to CAP subsidies. Now whether thats a good thing or not is another argument.....

 

[neilo]

Really ? You think the CAP has been good for UK agriculture ? Are you serious ?
I think the 50% of small family farms lost since 1972 might disagree.

There are plenty of small farms in other EU countries, who have been under the same CAP. Successive UK Govt's implementation of CAP rules have led to a reduction in small farms here, which would have been even faster without the CAP.

 

[andybk]

There are plenty of small farms in other EU countries, who have been under the same CAP. Successive UK Govt's implementation of CAP rules have led to a reduction in small farms here, which would have been even faster without the CAP.

UK has basically legislated their small farms away under advisory rules from the EU , (red tractor is part of that ) ,
i know of 2 engineering business that have closed due to excessive legislation, that their EU competitors didnt have to comply with , Im sure the brexit vote was pushed and voted for over the line by many that were caught with British interpretation of EU regs , (tony blair job creation schemes )

 

[Sid]

UK has basically legislated their small farms away , (red tractor is part of that ) ,

Many smaller farms producing store animals aren't RT

Volume bonuses and the constant drive for cheap food has killed smaller dairy herds or driven them to become more factory style.

Agriculture based on the American model is the issue

 

[Henarar]

There are plenty of small farms in other EU countries, who have been under the same CAP. Successive UK Govt's implementation of CAP rules have led to a reduction in small farms here, which would have been even faster without the CAP.

Yep all those pro EU governments really fecked up, I agree

 

[HatsOff]

UK has basically legislated their small farms away under advisory rules from the EU , (red tractor is part of that ) ,
i know of 2 engineering business that have closed due to excessive legislation, that their EU competitors didnt have to comply with , Im sure the brexit vote was pushed and voted for over the line by many that were caught with British interpretation of EU regs , (tony blair job creation schemes )

What legislation is that?

 

[andybk]

Many smaller farms producing store animals aren't RT

Volume bonuses and the constant drive for cheap food has killed smaller dairy herds or driven them to become more factory style.

Agriculture based on the American model is the issue

no , red tractor has added cost in the chain no matter who the product came from , had they kept all rules as equal to imports wouldnt be an issue , but they went on a crusade ,
that said they are just another assurance body across all industries that have made a nice niche for themselves from nothing , have another mate i see every saturday thats an industrial electrician (a bod) served 55 years in industry , in a spin once a year over re accreditation ,he would know more than any examiner , (his spanners and screwdrivers have to have a periodic test i kid you not ) its all got a load of bllx and strayed way off the mark for safety .

 

[andybk]

What legislation is that?

like the whole gamit of slaughterhouse regs , that have closed most small ones down aided and abated by the big boys . still lots of french small abbatoirs operating .

 

[Sid]

no , red tractor has added cost in the chain no matter who product come from , had they kept all rules as equal to imports wouldnt be an issue , but they went on a crusade ,
that said they are just another assurance body across all industries that have made a nice niche for themselves from nothing , have another mate i see every saturday thats an electrician (a bod) served 55 years in industry , in a spin once a year over re accreditation ,he would know more than any examiner , its all got a load of bllx and strayed way of the mark for safety .

No RT in America and the small family farms have disappeared?

 

[Sid]

like the whole gamit of slaughterhouse regs , that have closed most small ones down aided and abated by the big boys . still lots of french small abbatoirs operating .

RT again

 

[ollie989898]

There are plenty of small farms in other EU countries, who have been under the same CAP. Successive UK Govt's implementation of CAP rules have led to a reduction in small farms here, which would have been even faster without the CAP.

A lot of these smaller farms are disappearing though also. Handing them funny money for over 50 years has sealed their fate and tipped the industry into a shape it might not have been in had subsidies never been a thing.

Arguably all the CAP did was encourage environmental damage and lining the pockets of shareholders of huge ag-corporations.

 

[nelly55]

The worlds gone mad and the idiots running round like headless
chickens is not helping.Has this goverment or any of them a real understanding of the mess food production in this country is in.Just how the hell is raising interest rates to control inflation going to work ,they want people to spend to keep the economy going but don’t spend because it raises inflation.To say food needs to be cheaper is just showing their stupidity,so it’s ok for gas,oil and tax etc to keep going up but food must never go up.As for small farms I would rather see them than large companies running thousands of acres for big city share holders .We are in this mess in this country because for too long it’s been run by those who are only interested in money for themselves and really have no idea of life outside their fat cat salary lives.Wake up in Parliament every country in the world is looking for food and the days of importing are going to look very different.

 

[Kiwi Pete]

The writing was on the wall before Putin invaded in my opinion.

Some might say it's convenient how quickly this has happened and like it's all rolled into 1 with covid....

Yes, but that's crazy talk - just like "food supply to be kept at subsistence levels" and "population reduction through a series of limited wars and pandemics"

It's not a crime against humanity if people ask for it, the trick is creating situations where people ask for what they don't really want

 

[celtis man]

Two years too late...

More like 30years to late I feel sorry for the people that do not have enough but the middle classes with their 2holidays a year and we want a nice life attitude can damn well starve !

 

[celtis man]

Who is to blame for soaring prices?

With prices rising at the fastest rate for 40 years, questions are being asked of the Bank of England.

www.bbc.co.uk

BBC working on the "who's to blame / what's an interest rate / what are the rules / that is sooooo unfair" angle.

Bank gave money for nothing. Folk spent it on houses.

We gave them cheap houses by supplying them with cheap food .... God this makes me so ANGRY

 

[teslacoils]

There's very little stopping the bank of England / govt giving every adult that is on benefits a tax free £1000. It will all go straight back into the economy on food or fuel. Then round and round.

 

[bobk]

There's very little stopping the bank of England / govt giving every adult that is on benefits a tax free £1000. It will all go straight back into the economy on food or fuel. Then round and round.

Having a larf , they'd be o the first plane to Benidorm .

 

[Humble Village Farmer]

This is about the cost of food.

Food now means pizza, ready meals and lots of tasty, salty, sweet and fatty and easy to prepare items. It's all value added and highly processed. It's also much more expensive than the basic ingredients which our mums used to cook from

Food won't be too expensive until there is a sea change back to home cooking with raw unprocessed groceries. There's already a cheaper but not easier alternative. Education is what's needed.

 

[teslacoils]

Having a larf , they'd be o the first plane to Benidorm .

I'd suggest that as a nation it would be cheaper to send all our pensioners and poor out to Vietnam, the phillipines, or Rwanda than pay their heating bills from November to April.

 

[The Seeker]

It’s ok head of m and s says there’s food enough for everyone, at what point do people twig the cost of it will stop primary producers from producing food at all ??