Sterling weakness already hitting prices for food exporters to Britain

Sterling weakness is already hitting prices for food exporters in the Netherlands, Ireland, Germany and Denmark, the main suppliers of the 2m tonnes of meat imported into the UK per year.

Over 80% of Britain’s meat imports come from the EU.

The UK takes 272,000 tonnes of Irish beef (54% of our beef exports), 61% of Irish pigmeat exports, 84% of our poultry exports, and 28% of our sheepmeat trade.