Commodities news – Page 15
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NewsWhite fish tariff postponed following seafood sector concerns
The government had originally planned on introducing additional duties of 35% on white fish originating in Russia and Belarus at the end of March
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NewsMedina-Freshways merger approval welcomed by both dairy processors
The CMA suggested Medina would have struggled to continue trading if the merger could not proceed
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NewsSunflower oil replacements set to drive up food prices
The lack of supply had “immediately transferred to other vegetable oil”, such as rapeseed, said one senior supplier source
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NewsEgg producers say ‘tidal wave’ of cost hikes could leave supermarket shelves empty
Hundreds of producers face bankruptcy as the Ukraine war pushes feed prices through the roof
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NewsSpanish strikes cause fruit and veg shortages in UK supermarkets
Spain has been rocked by industrial action from lorry drivers over past two weeks due to rising fuel costs
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NewsSunflower oil supply crisis begins to hit supermarkets
The crisis has “disrupted supplies of sunflower oil to the UK,” affecting a wide range of products, said BRC deputy director of food Andrea Martinez-Inchausti.
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NewsTesco, Sainsbury’s and Co-op to raise farmgate milk prices
The trio have responded to growing concern that retailer milk pool prices have been lagging behind the market
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NewsFarmers given government reprieve over urea fertilisers as costs soar
Environment-linked restrictions have been put on the back burner over food supply concerns
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NewsUK wheat exports rising after domestic production ‘rebound’
Supply is set to remain tight due to Russia’s invasion of Ukraine
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NewsStruggling farmers can expect extra £760m fertiliser bill due to Ukraine crisis
It follows reports to The Grocer that some farmers are selling off their fertiliser stores due to the rising cost to cover more immediate bills
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NewsCity News: MP Evans profits surge on soaring prices
Surging commodity prices are not bad news for all food industry players, as UK-listed palm oil producer MP Evans proved this week with soaring annual profits
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NewsRetailers urged to follow Morrisons in increasing payments for pigs
Morrisons subsidiary Woodhead Bros announced this week it would increase its weekly contribution price by 30p/kg to 180p/kg
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NewsArla boss calls for greater financial support for dairy farmers
Struggling dairy farmers need retailers to put “an arm around them” says Ash Amirahmadi, or they could look to sell their products elsewhere
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NewsPesto suppliers in hunt for sunflower oil alternatives as Ukraine war threatens supply
A large portion of the global supply of sunflower oil comes from Ukraine and Russia
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NewsTariffs on Russian fish imports causing ‘panic’ across seafood sector
Russia is currently responsible for 40% of fish exports globally with many of its fish traditionally processed in China, according to Seafish
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NewsPrinces establishes pricing for tomato growers ahead of 2022 harvest
Princes has decided to sign contracts in advance of harvest season to enhance financial security among growers
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NewsPig farmers move to quit amid rising production costs
Over the past six months, at least 40 farmers had exited the crisis-hit pork sector, the National Pig Association said
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News‘There are a lot of bombs’: war in Ukraine leaves farms off-limits
One of the country’s biggest agribusinesses spells out horrific impact of Russia’s invasion
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NewsRussia-Ukraine conflict could drive food prices up 20%, warns UN food agency
Further rises are predicted, despite Ukraine’s pledges to grow wheat
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NewsRussian invasion of Ukraine leads to fertiliser production cuts
The shortage threatens a food crisis and comes after months of soaring prices