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Farm Business
Agricultural Matters
How will the public respond to higher and higher food prices..
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<blockquote data-quote="Hindsight" data-source="post: 7775368" data-attributes="member: 3169"><p>Well I have witnessed food price inflation today and the quick answer is you farmer commodity producers aren't getting much of it. I enjoy doing the family shop. I vary between multiple retailers. Today it was Morrisons. And two of my staple reference point items have moved. substantially in price. OK. </p><p></p><p>1 The savers basic oats (sorry guys I buy the cheapest not for me the fancy branded Scotts Porage Oats or Mornflake.) A few months ago they were 75pence per kg pack. And had been for years. They went to 85p a few months ago along with rebranding the packaging and removing' any reference to Savers (and note Morrisosn have pretty much ended that brand now from all categories. ). Today I paid 99pence per kg. So my cheap oats have increased to consumer 25% in less than a few months. </p><p></p><p>2 Kettle crisps. These retail at £2 packet. But periodically they are on offer at £1 packet, when like many others I buy loads to tide the family over until the next time on offer. OK today Kettle crisps are on offer - but at £1.15 per packet. I am just thinking that is the new 'on offer' price point. So a 15% price rise. Be interesting to see what price contract potatoes are for 2022. </p><p></p><p>I have a few more regular items that I follow - but I will not bore you further.</p></blockquote><p></p>
[QUOTE="Hindsight, post: 7775368, member: 3169"] Well I have witnessed food price inflation today and the quick answer is you farmer commodity producers aren't getting much of it. I enjoy doing the family shop. I vary between multiple retailers. Today it was Morrisons. And two of my staple reference point items have moved. substantially in price. OK. 1 The savers basic oats (sorry guys I buy the cheapest not for me the fancy branded Scotts Porage Oats or Mornflake.) A few months ago they were 75pence per kg pack. And had been for years. They went to 85p a few months ago along with rebranding the packaging and removing' any reference to Savers (and note Morrisosn have pretty much ended that brand now from all categories. ). Today I paid 99pence per kg. So my cheap oats have increased to consumer 25% in less than a few months. 2 Kettle crisps. These retail at £2 packet. But periodically they are on offer at £1 packet, when like many others I buy loads to tide the family over until the next time on offer. OK today Kettle crisps are on offer - but at £1.15 per packet. I am just thinking that is the new 'on offer' price point. So a 15% price rise. Be interesting to see what price contract potatoes are for 2022. I have a few more regular items that I follow - but I will not bore you further. [/QUOTE]
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How will the public respond to higher and higher food prices..
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