1563: Defra food and farming brief – July
This paper is extracted from Defra’s July 2012 Farming and Food brief
Year of Publication2012
World grain markets have strengthened due to forecasts that the yield of US maize will be the lowest since 2003. Erratic weather is having a huge effect on fruit and vegetable prices - summer vegetables are in short supply while there is a glut of soft fruit. Prices of fertiliser and red diesel have fallen. Defra’s figures for soil nutrient balances indicate lower losses of nutrients to the environment. 33% of upland farmers considered environmental payments to be as or more important than production returns and 25% have no succession arrangements.
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