Shoppers are facing rising meat prices as owners of one of Britain’s largest poultry companies warned that “the era of three-pound chicken is nearing the end” in a supply chain crisis. ..
Leaders in the agriculture and meat production industry have described it as “rapid inflation,” and labor shortages and global supply problems put consumers in their pockets.
Ranjit Singh Boparan, owner of chicken company 2Sisters, said Britain is facing a “great food reset” and warned that customers should expect to pay more for protein.
He states: “The days of being able to feed a family of four three pounds of chicken are nearing the end.
“We need transparent and honest pricing. This is a reset and we need to elaborate on what this means.
“There is no point in avoiding the problem because the food is too cheap. Relatively speaking, chicken today is cheaper to buy than it was 20 years ago.
“Why is it correct that whole chicken is cheaper than a pint of beer? From now on, we’re looking at another world where shoppers pay more.”
Many high street retailers are already a hit.
Chancel Bendran, the boss of Morley’s fried chicken chain, Me: “The price is rising all over. Every week, I get a call with worse news.
“All my supply chain is tense. My chicken price has risen 13 percent. Lambrib prices have doubled.
“Ultimately we need to raise the price. Meals can go up by at least 20 pence. We’re sorry to our customers because wages haven’t gone up, but it can’t be helped.
“I’m worried when VAT returns to 20% next year.”
Like poultry, the pork industry is at stake and the shortage of slaughterhouse workers puts increasing pressure on the government to act as food chain pigs.
Despite difficulties in the food sector, demand for meat remains high in the UK and around the world.
Neil Shand, Chief Executive Officer of the US Open, said: Me Beef prices at farm gates are “well above the five-year average,” which will soon affect families.
He added: “Food-based households will have to increase. Given the problems here and the global challenges facing everyone, it will become increasingly difficult to provide consumers with cheap meat. prize.”
Chris Goodderham, Head of Market Specialist for the Agriculture and Horticulture Development Commission, said: Me Labor shortages, processing site capacities, rising fuel, electricity and gas prices, and rising feed costs are all challenges facing food supply lines.
He added: “Last year, there was a move by British consumers to buy British meat, which has increased demand for homegrown produce.
“All of these factors indicate upward pressure on meat prices, but this does not yet lead to higher consumer prices.”
Andrew Opy, director of food and sustainability at the British Retail Consortium, warned that price increases are beginning to slow down.
“There are clear signs of rising transportation costs, rising energy and commodity prices, and cost pressures from ongoing labor shortages, all of which are beginning to penetrate consumer prices,” he said. Me..
“A retailer survey found that expected prices of three-fifths would rise in the next three months.”