Commodities news – Page 12
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NewsUK to cut tariffs on some food imports from Commonwealth member states
The government’s plan is to replace market access previously offered under UK’s former membership of the EU
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NewsFewer and pricier Christmas turkeys this year, warn producers
Labour shortages, avian flu and soaring costs are all set to drive up the price of turkeys
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NewsMPs seek government action on fertiliser prices and CO2 shortage worries
The Efra Committee’s warnings come as Russian natural gas exports to Europe fall, prompting further price and supply concerns
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NewsSunflower shortage forces McCain move to blended oil products
‘With any change to our products, our priority is to ensure they remain at the same high level of quality and taste consumers expect’, said McCain
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NewsCathedral City launches new £5m campaign with TV advert
The advert focuses on a young boy, his dad and a talking cow who uncover what makes Cathedral City cheese taste ’so consistently delicious’
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NewsMorrisons employs tree advisors to help UK farms meet planting targets
The advisors will work with Morrisons’ network of 3,000 farmers, providing advice on a case-by-case basis
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NewsFreshways to hit ‘landmark’ 50p per litre milk price by September
The mid-market milk processor said its move would stimulate farmers to ’to produce the milk we need’
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NewsOatly expands lineup with launch of mini and chilled Barista formats
The two products are part of the brand’s goal of introducing more people to the category by making it ’easier and more convenient’
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NewsUK pig herd shrinks as farmers battle crises
The industry has faced soaring costs and a backlog of pigs, but is now warning supply will tighten
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NewsHops growers call for price renegotiations as costs soar
Hop growers are facing increases of over 15% in wage costs and approaching 100% in fuel costs, The British Hop Association warned this week
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NewsClock House Farm launches renewable energy-powered growing system for soft fruit
The company claims it is the ‘biggest known river source heat pump system in the country’
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NewsBritain should cut food imports and eat less chicken and pork, Sustainable Food Trust says
Recommendations would see shift to mostly grass-fed livestock and surge in domestic fruit and veg output
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NewsUkraine war could disrupt global honey trade, says Rowse owner
Sector abuzz as importers in UK and EU compete for alternative suppliers
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NewsMcCain launches ‘Farm of the Future’ in South Africa to implement regenerative agriculture
The company will grow 125 ha potatoes per year on two South African locations totalling 465 ha irrigation and 90 ha dryland
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NewsSainsbury’s and Tesco respond to cost of production crisis with further milk price increases
The move follows growing farmer unrest that supermarket-aligned milk pools are not keeping up with market averages
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NewsCity snapshot: Palm oil producer MP Evans reports 51% spike in prices in 2022
Palm oil producer MP Evans has seen its mill gate prices jump 51% in 2022 amid supply constraints and commodity inflation, while palm kernals are up 85%.
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NewsFour pints of milk up to 17% more expensive since start of the year
Soaring farmgate milk prices appear to be driving further price hikes at the supermarket tills
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NewsNFU warns crop output could fall if fertiliser prices remain high
Union says government must include fertiliser in its new food supply blueprint
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NewsConcerns grow about rice supply as exporters weigh up curbs
Reports of panic-buying by traders in India followed talk of Thailand and Vietnam pairing up to raise prices
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NewsRapeseed oil prices surge by up to 100% amid ongoing Ukraine conflict
Ambient giant Princes confirmed it had faced ’significant inflationary pressures’ after products from two of its cooking oil brands doubled in price