Food prices could increase due to wet harvest

Over the past year consumers have seen the price of food products soar, and the average household weekly or monthly shopping bill has rocketed. However, according to a recent report food prices could increase further as a result of the wet harvest. Industry officials have stated that the wet weather than has swept across the country has led to a delay with harvesting, which could further affect food prices.

Although the growing season is said to have started out fine the spell of wet weather has resulted in delays in harvesting, and in some areas only a small percentage of crops have been gathered, according to the report. The wet crops have resulted in additional time to dry out the crops as well as damage to machinery when trying to harvest.

A lot of money has been spent on fuel to try and dry out the crops, according to officials, and the report suggests that next years planting has also been affected by the wet weather. Many people now fear that the additional time and cost that has been spent on harvesting could lead to higher prices when the food products hit the shelves.

However, other officials have argued that a spell of drier weather could help to alleviate the problem, and that food prices are unlikely to become unstable due to plentiful worldwide supplies.