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Significant declines in milk prices are very likely in the spring as wholesale prices slip and production increases.

Poultry company 2 Sisters Food Group is to close its Llangefni factory in Anglesey following a review of its national operations.

Dairy Company Pensworth says that it is owed £10 million by Kent Dairy Company and that non-payment of a weekly invoice by the Freshways-controlled business has forced it into administration

Declines in pig and poultry output led to a 5 per cent reduction in animal feed production in the five months to the end of November 2022, according to AHDB figures.

Disruption to turkey sales and a desire to celebrate after two Covid disrupted Christmases meant many families turned to red meat over the festive period.

Prices £100/t down on May highs

UK prices similar to a year ago

Íæż½ã½ã to pay an extra £628m

High costs, economic turmoil and extreme weather were all features of 2022 that are set to feature again in 2023

As 2022 draws to a close, Cedric Porter reflects on the year and assesses 2023