🍦 Cost of ice cream set to soar this summer as dairy farmers battle to secure animal feed 🐮 Many dairy products, such as butter, have already been subject to staggering price hikes
, with the summer treat becoming more expensive as manufacturers are confronted with rocketing prices., but food companies have warned that the worst is still to come as the cost of animal feed, raw ingredients, and packaging continues to rise.“Everything you could possibly imagine is going up in price,” said Dirk Mischendahl, director of Northern Bloc ice cream, which manufactures supermarkets’ own-brand ice cream lines alongside its own at its Leeds headquarters.
Dairy prices have shot up since Russia’s invasion of Ukraine – sometimes referred to known as “the bread basket of the world” – as the war has left large portions of the planet’s wheat supply in jeopardy. “We’ve absorbed some cost increases because we had [a] stock of sugar and coconut milk powder, and some of the packaging… But things like milk and cream are fresh products you have to have to make a dairy ice cream.”“Dairy is going to become more expensive. [Increases of] 10 to 15 per cent are going to happen across everything,” he said.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cost of living live updates: Disbelief as cost of Lurpak hits £9.35 in major supermarketThe amount at which you start paying national insurance is to rise from £9,880 to £12,570 from tomorrow - with the changes meaning anyone who earns less than £41,389 will be better off; there is disbelief as one major supermarket prices a 1kg tub of Lurpak at £9.35.
Read more »
Glasgow Life scraps late book fines at all libraries amid cost-of-living crisisGlasgow Life has announced its plans to remove late book fines from all of its libraries today.
Read more »
Cheapest petrol in each borough as drivers hit with record fuel cost riseThe cheapest petrol in each Greater Manchester borough as drivers hit with record monthly fuel cost rise
Read more »
Firms warned of ‘perfect conditions’ for fraud to flourish as cost of living crisis bitesFirms told to be ‘more proactive’ against risk of corporate fraud as the pandemic, inflation and the war in Ukraine has created temptation, motivation and opportunities for criminals to strike
Read more »
Cost of living: 'Biggest tax cut in a decade' takes effect to help 30 million peopleThe threshold for paying National Insurance contributions rises to allow the average worker to keep £330 more of their earnings as the cost of everyday goods and services continue to shoot up.
Read more »
Martin Lewis' bleak cost of living warning after chancellor quitsThe money expert has warned of the impact Rishi Sunak's resignation could have on the cost of living crisis.
Read more »