Food Prices - comment

The feed price ratchet has been crucial to Boparan's efforts in rebuilding margins. However, the entire food production sector is fighting to recover other inflationary costs. A blockade of supermarket depots by farmers (on 13 October) will have had minimal impact on margins, but it underlines the growing desperation. ASDA and Morrisons need to restore margins and (like their competitors) are still being squeezed by the need to subsidise prices. Higher prices paid to suppliers would be hard to pass on to consumers, and the resulting margin friction will make supermarkets reluctant to help out. 

https://www.fwi.co.uk/news/farming-groups-rally-round-proud-to-farm-push-for-fair-prices