Could an emergency cut to fuel duty help farmers who are dealing with price shocks to key farm inputs from war in the Middle East?
Keep an eye on the latest trends in the fuel markets as the crisis in the Middle East continues
With red diesel costs on the rise due to conflict in the Middle East, the decision to increase fuel duty will only see prices spike further
How is war in the Middle East impacting UK farmers? Is the Government doing enough to support domestic food producers as costs for key farm inputs spiral? And are farmers ready to hold protests across the UK?
Prime Minister Sir Keir Starmer has been challenged by various MPs on how the Government will bolster UK food security and support farmers amidst spiralling costs to fuel and fertiliser from war in the Middle East
Key farm inputs such as fertiliser and red diesel have skyrocketed since Israel and the US struck missiles at Iran which, in turn, has led to increased pressure being placed on UK farmers
Can Government step up its support for farmers and food producers as businesses face pressure from conflict in the Middle East?
Defra Secretary Emma Reynolds has called for calm as conflict in the Middle East begins to take a stranglehold on farm businesses in the UK. She said food supply is stable and added the Gov is working to ensure there is no 'market abuse' of fertiliser prices
Former Liberal Democrats Leader Tim Farron said it is 'recklessly foolish' that during a time of geopolitical uncertainty, farmers in England are not being encouraged to produce more food
Farmers have only been told that input prices for oil and gas has gone up when taking in deliveries on-farm, making it harder for them to challenge or decline an order