By Kevin White2021-02-12T12:43:00+00:00
With Brexit disruption and the pandemic contributing to a volatile market, what’s the outlook for key food commodities this year?
The so-called “teething problems” faced by the food sector due to post-Brexit border disruption have caused myriad headaches since the end of 2020.
And with a number of temporary easements designed to smooth the flow of goods due to expire over the coming weeks, the millions of pounds already lost by food businesses looks set to escalate further.
But the impact of Brexit on trade isn’t the only thing that could cause headaches for suppliers and their retail partners. We’re also in a particularly volatile period for global food commodity prices, which could add further pressure to already tight margins and ultimately push up retail prices.