Meat: Prices

(asked on 13th March 2023) - View Source

Question to the Department for Environment, Food and Rural Affairs:

To ask His Majesty's Government what assessment they have made of the increasing cost of animal feed on meat prices.


Answered by
Lord Benyon Portrait
Lord Benyon
Lord Chamberlain (HM Household)
This question was answered on 21st March 2023

Animal feed is one of a range of inputs that contribute to the price of meat and meat products. Input costs are dictated by the market and can fluctuate at different times of the year or in response to specific events, as we have seen over the last year following Russia’s invasion of Ukraine. No single input cost, including on-farm feed costs, would be expected to dictate the price of a particular commodity.

We continue to closely monitor agricultural markets including animal feed prices including through the UK Agriculture Market Monitoring Group (UKAMMG), which was set up by Defra and the Devolved Administrations to monitor the UK market situation across all key agricultural commodities. We have also recently increased our engagement with industry to supplement our analysis with real-time intelligence.

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