Good news if you like a beer - as Britain's booming wheat crop will cut prices
Shoppers will reap price cuts on beer, bread and beef thanks to Britain’s booming wheat crop
The good news comes after warm weather earlier this year boosted the staple, following a disastrous 2018 in which theWheat is used for the production of ethanol that goes into beer Industry analysts are expecting a ‘reasonably big’ new season crop, said the publication after last year’s failure across Europe because of dry, warm weather.Dry weather leads to a greater yield but also a better quality. It also meansplanted more wheat to take advantage of the sunshine and higher temperatures rather than plant alternatives that rely on wetter, colder conditions.
James Webster, senior analyst for industry body AHDB Market Intelligence, said: “We were looking at prices of £200 a tonne on future markets back in August but now the market is sitting more around the £160-165 a tonne mark.
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