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

Farmers 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

Recent lamb prices have been lower than last year, with the early December liveweight price at 246p/kg, almost 12 per cent lower than in 2021.

The UK beef market is ending 2022 on a strong note, but producers cannot say with confidence that strength will last into the New Year.