Agriculture

Question 1

Price of potatoes - 2022 Yield

Answer 1

£190 to £250 per tonne

Question 2

Cost of growing potatoes

Answer 2

Risen by around 30% to £6,000 per hectare

Question 3

What is affecting produce prices in the U.K.?

Answer 3

Ongoing war in Ukraine and the governments mini budget, caused a lot of financial volatility.

Pound fell to a record low, thus more affordable for foreign markets to purchase goods.

More competitive - more affordable for export markets

Question 4

Cost of production increase

Answer 4

Weaker pound - imports therefore more expensive.

Question 5

Price of fertiliser

Answer 5

Halt in ammonium nitrate fertiliser production at Billingham - U.K. depends more heavily on imported nitrogen products.

£830/tonne - up 156% from the previous years.

Question 6

Cattle, sheep and pig prices

Answer 6

Live - cattle (250p/kg) sheep (2.30p/kg)

Dead - cattle (450p/kg) sheep (519p/kg)

Pigs - standard pig prices 200p/kg

Question 7

Price of Feed wheat

Answer 7

£272.50 per tonne

Question 8

Price of Feed barley and malting barely

Answer 8

£262/tonne

£35-40/tonne premium

Question 9

Price of Oil seed rape

Answer 9

£550/tonne