Extract from DEFRA questions: Supermarkets - Jul 6

Friday, 7 July 2023 08:17

Sir Robert Goodwill (Scarborough and Whitby) (Con): The price of wheat peaked at £350 a tonne. It has subsequently fallen to below £200 a tonne—not much more than it was before the invasion of Ukraine. Why has the price of bread in our supermarkets not fallen, too? The Minister for Food, Farming and Fisheries (Mark Spencer): I declare my interest in these matters. I recognise the fact that global wheat prices have now come back down. We work closely with retailers,...Request free trial