Estimates from the Andersons consultancy show that agricultural input inflation (Agflation) is now an annual 8.6% - its highest level since the Ukraine conflict in 2022 and more than double that in late February this year before the...
Andersons
Andersons: Budget 24 no threat to UK food security
The Budget changes announced last week will force a period of adjustment for UK agriculture, says the Andersons consultancy. But they are unlikely to threaten national food security, as some have warned. In the short term, production...
January’s input agflation falls to 18.7%
The rate of agricultural input cost inflation has fallen over the last quarter, but is still historically high, warns the Andersons consultancy. But farmgate prices are falling faster, so UK farmers continue to...
Agflation outpaces farmgate price rises
The Andersons consultancy has measured agricultural input inflation for the month of July 2022 at an annual rate of 23.5%. This compares with 25.3% for June and the peak 30.6% in April. But the consultancy warns...
Agflation slows in June but remains high
The Andersons consultancy has measured agricultural inflation for the month of June 2022 at 25.3% - lower than the 30.6% it estimated for April 2022 and the 28.8% annual figure for the March 2021- March 2022 period. The Andersons’...
Andersons warns of 29% input inflation
Farm business consultancy Andersons warns that farm input inflation, already high, is likely to persist and will put pressure on existing farm working capital needs and credit facilities. “Even before the conflict in Ukraine,...
