Price war over chicken and eggs

PUBLISHED: 16:47 13 November 2008 | UPDATED: 08:28 28 March 2014

NOVEMBER 13, 2008: The credit crunch is leading to a price war over chicken
and egg prices.

Shoppers are reported to be switching to discount stores and cheaper ranges. Large supermarkets are responding by slashing prices, with Tesco reportedly calling for a 17% cut in the price of chicken.

Falling wheat markets have added to the pressure, and egg packers have cut free-range prices by around 10p/doz.

Tom Vesey, chairman of the British Free Range Egg Producers' Association, said they were "reeling" from the developments.

"This price cut leaves us in the red. I am particularly concerned about the newer producers who are more highly geared, they will really be suffering," he was reported as saying.

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