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The price of bread, beer and biscuits is set to rise this year.
The news comes as research suggests the unusually wet weather seen over autumn and winter could hit UK harvests by almost a fifth.
The Energy and Climate Intelligence Unit (ECIU) analysed the crop area forecasts from the Agriculture and Horticulture Development Board (AHBD) as well as government yield data.
It found that production of wheat, barley, oats and oilseed rape could fall by four million tonnes compared to 2023 – a reduction of 17.5 per cent.
The decline may be more than five million – or 21.2 per cent – if compared to the average production of the years 2015 to 2023, the analysis also suggests.
It comes as the unusually wet autumn resulted in lower levels of planting, while relentless storms and flooding over winter led to …