Wednesday, January 30, 2013

The Great Lamb Robbery

The NFU of England and Wales has highlighted  that while farm-gate prices have dropped by nearly one- quarter, and wholesale prices for UK legs of lamb are down by 17%, prices in the shops for UK product have only fallen by 2% in the same time period. Figures also show the wholesale price of New Zealand lamb has dropped by 23% (year on year), and yet the retail price for consumers has only come down 12% in the same period.

Are the supermarkets thinking it's better to be hung for a sheep than for lamb in their profiteering?

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