senior partner Sion Roberts said: "These high prices will be reflected first in the prices of grain-based food products and in the following months in the prices of meat and dairy products.
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was a key recommendation of last year's policy commission on the future of farming and food.
Food price inflation is set to fall sharply over the next year as a result of a better-than-expected grain harvest and a growing squeeze on household incomes, according to EFFP
Doug Gray, regional manager for EFFP
, said: "This is a chance for farmers to have their first look at the monitor farm and hear in detail about the areas being studied.
Duncan Rawson at EFFP
agreed food companies should be "pretty concerned" about the drought.
In its latest quarterly retail price report, published this week, agrifood consul-tancy EFFP
stuck to its long-term view that UK food price inflation would "top out" at 6-7% in 2011, as a slump in consumer demand put the brakes on raw material rises being passed on to shoppers.
chief executive Sin Roberts said: "Security of supply is becoming a real concern for the food industry but this needs to be balanced against the needs to address climate change and global sustainability.
Agrifood consultancy EFFP
says food price inflation will peak at 6% to 7% in the first quarter of 2011--compared with just under 5% now-but will then fall slowly for the rest of the year and into 2012.
That was the key message at the annual conference of agrifood business consultancy EFFP
regional manager Doug Gray said: "It is important that farmers get involved at this pre-selection stage of the project to help identify a suitable monitor farm and to ensure that the project delivers the type of information they really need.
has been run as a partnership between industry and government and has developed at a healthy rate.