Cost of living to hit farm margins in 2023 | AHDB – 8/8/2024

Cost of living to hit farm margins in 2023 | AHDB

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Production is to grow slightly 2023 due to higher cattle availability, by an estimated 0.6%. Consumption is forecast to ease by around 2% as cost of living pressures consumer budgets. Imports are expected to fall by around 2%, driven by easing domestic demand. Exports could grow slightly by around 3%, reflective of domestic market balance.

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SOURCE: Farmer & Cowboy Agriculture Businesses – in

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