UK farmers have issued warnings that the cool and wet summer has had a negative impact on the country’s harvests. Crops such as wheat, oilseed rape, potatoes, and others have been affected, raising fears of further food price inflation. The wet weather in July, which was the wettest on record for some parts of the UK, could lead to rising prices of essential ingredients on global markets. Ongoing conflict in Ukraine and unpredictable weather in regions such as southern Europe and China have also affected harvests. Uncertainty surrounding Ukrainian grain exports, caused by Russia terminating the Black Sea grain deal, has led to the cost of wheat increasing.
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