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"Diesel (red) costs up 60%, Fertiliser costs up 65%. Grain prices up 6%. Borrowing costs and margins both predicted to increase. Transportation and distribution costs up. Farming doesn't get any easier, UK farms closing at a pace. What next for food prices and inflation ?" What has Red diesel got to do with the costs going up. | |||
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"Farmers use red diesel in their farm vehicles. " Not meany do most now have to use white the same in plant and machinery. | |||
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"Farmers use red diesel in their farm vehicles. " All fule and energy is going up the cost of transport will have a much bigger impact to what a farm needs and what it produces. | |||
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"Thank fuck we didn't add 10 million people this century.🤦♂️" No. Just moved them from their countries to ours! | |||
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"Amazing how many different types of suppliers can find plausible excuses to jump on the price rise bandwagon! I thought fertiliser came from South America, all of a sudden it comes from Iran, apparently. " Fertiliser is sourced globally, and a lot made in the uk with imported components But the transportation costs: Cost of fuel - cargo ship uses 60,000+ gallons a day Marine insurance (as much as doubled) Banks charging higher margins on invoice factoring and overdrafts Uk haulage costs are higher - fuel costs All this and more pushing up prices. Remember as well farmers are locked into pricing deals with supermarkets. Squeezed both ends | |||
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