Sterling continues its Brexit-inspired rollercoaster ride, with a further drop in value early this week, as talks between the UK and EU became increasingly fraught.

Beef and lamb prices have remained strong, resulting in some cautious optimism for producers, although in such a volatile market it would be foolish to rule out the prospect of clouds on the horizon.

Arguably the value of trade in farmed products has never been so important for Britain’s farmers.

Many potatoes are in pretty good shape given the growing season they have had, but growers will be less impressed with the prices they are getting as Covid-19 continues to dominate the market.

The run of increasing pig prices has come to an end against a background of more supply and lower global prices.

Farmers have benefited from lower fuel prices over the last few months, but costs of a range of key inputs are now creeping up.

The dairy market continues to stabilise after the turmoil of the early part of the coronavirus crisis. New figures show dairy products were a lockdown favourite.

Tight supplies are supporting beef prices, but increases may be limited by poor processor returns.

Lamb prices remain above those of last year, although values have weakened a little in recent weeks.

Retail and foodservice demand for beef, lamb and other products is starting to settle following the easing of lockdown.