The Gov wrote:
No farmers No Food.
1. In 1846, Britain grew about three-quarters of its grain, while by 1914 that figure was less than one-fifth. Britain imported over half of its food supply in the years before 1914.
2. See the 1846 repeal of the Corn Laws where import tax on grain was dropped, DECREASING cost of food and hitting large landowners.
3. Since 1957 the proportion of total spending that went on food in the UK has halved (33% to 16%). This is due to mechanisation and “process innovations” that improve production techniques; for example, higher-yielding seeds or more efficient irrigation.
4. The average salary for Farm Owner is £48,472 per year in the United Kingdom PLUS the average ADDITIONAL cash compensation for a Farm Owner in the United Kingdom is £5,830, with a range from £1,452 - £23,418.
5. In 2022-23 average operating margins in the sector fell from 3.2% to 1.8%. Put another way, for every £100 of sales, the typical supermarket is making a profit of just £1.80. They would have made mre money investing in an ISA!
Do you really want to push up prices during a 'cost of living crisis' (sic).
"We are living in very strange times, and they are likely to get a lot stranger before we bottom out"
Dr. Hunter S Thompson