What’s happened to supermarket prices today?

[Happydoingitjusttheonce]

Went to Tesco and coop today and there’s a noticeable increase in prices on almost everything. What’s happened, or is it just my perception?

Mostly Brexit-related but there is a global butter shortage apparently. No idea why

dumbledoresgirl yes it's to do with the drop in milk production.

uk.businessinsider.com/butter-shortage-why-prices-are-rising-and-supply-is-falling-2017-10

Thank you so much, Brexit voters.

You're welcome.

Thank you so much, Brexit voters.

You're speaking too soon, Topseyt. The pain hasn't started yet.
Wait until Brexit actually happens and you will see what we are really in for.
It won't be pretty.

shutitandtidyupgitface :
Milk went from 45p to 50p overnight too! Sod that Sainsburys

Which is still far too cheap. It can cost more for famers to produce milk than they get for it.
Your milk should cost double what it does.

That is just not true, and is easily refutable. Farmers make a profit or at worst break even on the milk they produce- however the massive subsidies that they get (From the EU, mostly), ensure that there are few poor farmers.
Price is determined by the market, although the relatively inelastic supply due to subsidies, does depress prices a tad. However, saying that farmers are losing money is ridiculous, do you think they are farming as a sort of philanthropic urge?

Milk went from 45p to 50p overnight too! Sod that Sainsburys! Even waitrose is cheaper now!

Still cheaper than water!

No it isn't-- tap water costs around 0.097p a litre. and if you like fizzy water, it is £1.50 for four 2 litre bottles from tesco and about the same from sainsburys and waitrose (£1.57)

ensure that there are few poor farmers. Explain that to members of my family who recently had to sell up.

More than a thousand dairy farms went out of business between 2013 and 2016.

You're welcome.

Alas hindsight is a wonderful thing.

Undoubtedly. Hindsight can be a thing for a very long time though.

MongerTruffle
we have just had a asda opened here iow at a lower price than morrisons ans sainsburys so now we have a price war everyone copied asda so asda put theres down and so it goes, it was £1.12 before asda opened

I buy Graeme’s butter in Aldi where it is £2.19, in Sainsburys it is £3.29 for exactly the same.

can't remember the last time i bought butter don't even like it anymore

Supermarkets don’t put their prices up for Christmas. It’s a fiercely competitive trading time and they desperately need the turnover and market share. Retail price increases are the result of higher cost prices, which have been made far worse by the poor exchange rate. Nowhere near all of the cost increases have been passed on to customers, which is why supermarket trading profits are taking such a tumble at the moment. After Christmas, I think we can expect a real hike in food prices unfortunately.

I can assure you that there are lots and lots of poor farmers mummyfeo if that makes you feel better

Most hill farms are only profitable because the farmer doesn't take anything even close to minimum wage for the work they do.

A relative works 6.30am until 6.30 pm MININUM 7 days a week 51 weeks a year (he has a week off once a year), during lambing time the hours are more like 21 hours out of every 24 hours at work every day for 4 weeks. He pays himself a wage of £500 a month which amounts to most of his profit for the year. He can live off that but it's not reflective of the hours he puts in to make the best out of otherwise very unproductive land.

There seems to be a misunderstanding that farm subsidies exist merely to line the back pockets of farmers, when actually they are essentially subsidising the costs of production to keep food prices artificially low for consumers.

We are heading for interesting times. If you think the price of butter is a problem now just wait until they start messing with farm subsidies post brexit!

Co-ops 75p own brand bread is now 90!

Scrowy It's shocking- the lack of understanding.

Teeny 69p loaf of bread in coop has jumped to 89p. That is one heck of a rise.

Oddly matches have taken a leap in price in the space of 3 days. We get through a lot in the winter for lighting fires. They used to be 72p for years then went up to 79p about 6 months ago and now they are 90p since we received our online shop on Thursday.

Hill farmers are going to have a nightmare of a time, I am struggling to imagine what is going to happen to tenant hill farmers I grew up amongst.

do you think they are farming as a sort of philanthropic urge?

Essentially yes! 'Undoing' a farm is as much like work as running it - and expensive too, auctioneers don’t work for free. And if you own the land you farm on selling that means selling your home, and tenant farmers have to try and find a home they can afford to rent.

And many of them simply don’t know what else to do! It’s a lifestyle as much as a job.

I get that people don’t want or need to think about it much, but to assume all farmers are wealthy landowners is as bad as generalising any other group of people.

However, saying that farmers are losing money is ridiculous, do you think they are farming as a sort of philanthropic urge

They are going out of business in droves. And when you leave the EU and those subsidies are gone, how much do you think your milk is going to cost you then?

I expect existing farmers may continue until retirement, but younger people won't see it as such an attractive option

Non arable farm incomes have been averaging under £15000 a year for quite a long time.
That is not sustainable under any situation.
In the long run, reforesting a lot of uplands and removing livestock from them may be the most sensible thing to do.