Given the cost increases that are coming through right now, we’re trying to outrun a bear, and I’m not sure we can.”

That’s the graphic description, given by Mr Brad Banducci recently, of the challeges facing the food and beverage sector.

Energy costs continue to impact business. A recent survey by the Australian Meat Industry Council showed that energy costs were an average of 30% higher in 2016 over costs in 2010.