Scientists Warn that 5 Staple Foods Are Set to Become More Expensive This Winter
Scientists say climate-hit crops and higher fuel and fertilizer costs could lift prices for potatoes, olive oil, leafy greens, bread and chocolate.
- Two scientists, Sophie Perry and Leila Fathi, warned five household food products will become more expensive in the near future due to erratic weather and international conflicts.
- Farmers across the UK have struggled this year due to drought and heatwaves, while international conflicts have pushed up prices of fuel and fertilisers affecting crop yields.
- Recent reports warn European potato harvests could be 3.5 million tonnes lower than expected, while Bread Wheat yields have fallen, driving bakery costs higher through increased energy overheads.
- Chocolate Cocoa prices are rising as trees face heat stress, leading manufacturers to consider swapping cocoa butter for cheaper palm oil, while Leafy Items and Olive oil costs also climb.
- Sophie and Leila added these pressures will "impact farmers' livelihoods and shoppers' wallets," as manufacturers turn to cheaper alternative ingredients, potentially reducing food quality and nutritional value.
15 Articles
15 Articles
The prolonged drought, the effects of the El Niño phenomenon and the high costs of energy and fertilizers put a huge pressure on world agricultural production, with the risk of generating new price increases in basic food, writes Mediafax. The warning comes from researchers Sophie Perry and Leila Fathi at City St Georges University in London, in a [...]
Extreme weather events, energy costs and geopolitical tensions are testing global food production, with the effects quickly reaching the shelf, affecting the prices and quality of basic products.
The drought, the heat waves and the problems in the large agricultural regions could bring new costs to the shelf in the cold season. Chocolate, potatoes, leafy vegetables, bread and olive oil are among the products exposed, but the evolution of prices will also depend on local harvests, energy, currency prices and traders' contracts.
Seceta, El Niño and energy costs will cost chocolate, potatoes, salad, bread and olive oil. What British researchers say.
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