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Cider makers fear future for orchards as costs grow

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⚡ Instant Key Takeaways (TL;DR)
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Core Development: Cider makers fear future for orchards as costs grow
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Market & Financial Impact: Producers claimed without more support, they could be forced to stop using British-grown apples.
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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

Cider maker Matilda Temperley said the budget had been "disappointing"

Rising costs could force the cider industry to reduce their reliance on British-grown apples, according to several well-established businesses.

Higher alcohol duty, energy bills and packaging costs are making it harder to stay profitable, according to a producer in Somerset.

The government said it was supporting the sector by increasing the value of Small Producer Relief, which provides lower alcohol duty rates for some smaller and medium-sized producers.

Matilda Temperley, director of Burrow Hill farm near Martock, said it would be a "tragedy" to stop using its own apples due to climbing costs.

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Official Publisher Attribution: This report is aggregated from Bloomberg. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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