How much are food prices going to rise?

[LoveCleanLaundry]

Feeling anxious about rising prices from all angles, but especially in terms of worrying about loved ones already having a hard time making ends meet.

The price hikes in energy seem to have estimates as to how much they will be - wondering if there are any similar educated guesses as what food costs will be over the next year or so?

I think it really depends what you buy and where.

Yesterday i bought frozen bacon from farm foods. £6 for 3 packs with 18 rations each (each pack is 600g). Now that is extremely reasonable.

In tesco its £1.25 for 300g of the cheaper, thinner cut. The one that breaks up when you separate it.

Places like farmfoods and Iceland are essential IMO. Frozen veg and meat is just as good as fresh. When is comes to the £ i don’t think people can be snobby about where they and others shop.

Even biscuits and cakes are cheaper there. Better value than Aldi and that’s where i do my main shop.

Also a good time to mention that 1/4 of all food produced is wasted and goes to landfill.

I’m also just had a thought about the school I work in. Our budget is stretched to the limit after winters of ventilation and heating on.

I’ve stopped buying essentials from Waitrose and now go to Aldi. A cucumber is a cucumber IMHO. A big packet of ginger nuts in Aldi=25p; in Waitrose, £1. Toiletries are cheaper in Supersaver, which is a company owned by Superdrug; exactly the same stock but cheaper. M&S and Waitrose always have bargains on Sunday, and so worth scouring for those. Yes, prices are going up but the increase can be somewhat mitigated bu shopping around.

I think people aren’t looking ahead and I hope I am wrong because this is dire for the poorer half of the population: a pp mentioned that we are still living off last year’s harvest - prices have only gone up 15-50% so far. The winter was good and rainy, but this year’s harvests, across interlinked world markets, will be critical. Late frosts/flooding/hurricanes/drought will impact crops in different countries. Fuel, fertiliser, everything will add up to an average of eg 25-60% rise, if all goes well. The critical moment will be (farmers please correct me) when we are halfway through the harvest and can judge how succesful it will be (if fields aren’t fertilised, and the monsanto seed used depends on fertiliser, we have a problem). I expect that if harvests are particularly bad, producing countries will impose an export stop, to prevent riots and political upheaval in their countries. If china/india/turkey do this, we have a huge problem.

I would be interested in any farmer twitter sites or websites, or a farmers thread on here, so would be grateful for any links. Farmers have always been essential people, their power and knowledge taken away and replaced by agro giants.

there used to be a farming thread on here not sure ifits still here

The deal with the supermarkets means we have a fair margin whatever the feed costs are

That might be your deal. But that's not the case for all suppliers, and they have plenty of other ways to screw suppliers.

@AppleButter the Ukraine has already imposed an export ban on a number of goods.

If you want to learn about current markets Farmers Weekly or Farmers Guardian papers are a good, they list current prices for everything in them. The Farming UK website are a good place to start too for the basics.

Wheat futures have jumped 40% in a week according to the article. Sugar beet (used to make things like Silver Spoon sugar) minimum prices are up at least 30%. It isn’t just wheat that current world affairs are impacting as a previous poster thought!

www.farminguk.com/news/uk-farming-ministers-highlight-real-impacts-of-ukraine-war_60016.html.

@Milomonster

I’ve stopped buying essentials from Waitrose and now go to Aldi. A cucumber is a cucumber IMHO. A big packet of ginger nuts in Aldi=25p; in Waitrose, £1. Toiletries are cheaper in Supersaver, which is a company owned by Superdrug; exactly the same stock but cheaper. M&S and Waitrose always have bargains on Sunday, and so worth scouring for those. Yes, prices are going up but the increase can be somewhat mitigated bu shopping around.

Great, if you can travel to shop around. My nearest Aldi is over two miles away and it's not a safe route to walk.

There are definitely things we can cut down on when it comes to food shopping, but between working hours, distance between various different shops, cost of diesel for the car or being limited by how far I can walk, physically going to multiple shops is not practical. And it is something I've done in the past when we lived in a different area, so I know it can help.