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Supermarket chicken prices could rocket soon, warn experts

Supermarket chicken prices could rise after wholesale costs reached the highest level for a decade, accordin..

By admin , in England , at November 22, 2018

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Supermarket chicken prices could rise after wholesale costs reached the highest level for a decade, according to a new report.

A number of reasons are being blamed for the potential price change, including a worldwide shortage of feed, the summers CO2 crisis, Brexit and the unusually hot weather we experienced.

Shortages of CO2 almost crippled the poultry industry this summer, according to analyst George Duke.

At the time the British Poultry Council warned that 60 per cent of the UKs poultry plants were within days of stopping production.

Supermarket chickens could become more expensive very soon (Picture: Getty Images)

Experts from Mintec added the issues pushed up wholesale chicken prices to record highs, with the average cost increasing by a massive 17 per cent in the past year.

Brexit has also had an impact, with poultry businesses finding they have less non-UK labour to choose from because of the uncertainty over the process.

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Shraddha Kaul, a spokeswoman for the British Poultry Council, said: This is driving inflationary pressures in the cost of employment.

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Its potential bad news for chicken lovers (Picture: Getty Images)

A spokesperson for the British Retail Consortium said: Retailers have worked hard to so far minimise the impact on consumers of price pressure in the poultry supply chain and will continue to do so.

Supermarket chickens are up by just 0.4 per cent in the past year, but this could apparently change quickly.

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