# Britain's chicken king says the 20-year binge on cheap food is over | Reuters

> Boparan, Britain's largest chicken producer, says the 20-year era of cheap food is ending. It cites feed, veterinary and wage costs up 15-20%, energy and CO2 costs up more than 500% year on year, packaging up 20% in six months, and an acute trucker shortage. It warns food inflation could reach double digits.

- Date: 2021-10-14 · published 2021-10-14T12:00:00.000Z
- Category: macro · region UK · magnitude medium
- Page: https://feedsoft.ai/events/44730-britain-s-chicken-king-says-the-20-year-binge-on-cheap-food-is-over-reuters
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Rising feed and input costs are being passed through the chain, which supports higher chicken and meat prices in the UK and firms feed demand for grain and protein meals.

## Read by commodity

- CORN: bullish ▲
- CHICKEN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-02-03 | [Brazil's real sets longest streak of gains in 20 years](https://feedsoft.ai/events/26255-brazil-s-real-sets-longest-streak-of-gains-in-20-years.md) | +0.6% | -3.9% |
| CORN | 2018-01-24 | [Dollar tanks the most in 10 months after Mnuchin says weak dollar is good](https://feedsoft.ai/events/10401-dollar-tanks-the-most-in-10-months-after-mnuchin-says-weak-dollar-is-good.md) | +1.0% | +1.6% |
| CORN | 2022-04-26 | [Pork Producer Margins This Year Could Rival 2021, CoBank Says - Pork Business](https://feedsoft.ai/events/41998-pork-producer-margins-this-year-could-rival-2021-cobank-says-pork-business.md) | -5.4% | -0.4% |
| CORN | 2024-07-31 | [Instant view: FOMC does not change rates, but sets stage for September cut \| Reuters](https://feedsoft.ai/events/29140-instant-view-fomc-does-not-change-rates-but-sets-stage-for-september-cut-reuters.md) | -0.2% | -4.2% |
| CORN | 2021-02-17 | [Fed minutes show willingness to steer past coming jump in inflation \| Reuters](https://feedsoft.ai/events/48543-fed-minutes-show-willingness-to-steer-past-coming-jump-in-inflation-reuters.md) | +0.3% | -4.7% |

## Sources

- reuters.com: https://www.reuters.com/world/uk/britains-binge-cheap-food-is-over-biggest-chicken-producer-says-2021-10-14/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
