Commodities news – Page 17
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NewsBeef commodity prices set to stay high due to tight supply
Asda came under fire last week after it emerged it had u-turned on a commitment to switch to 100% British beef sourcing
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NewsConcerns grow over supply of CO2 gas as CF deal nears end
CF supplies about 60% of the UK’s industrial CO2 gas needs, but a deal to guarantee supply is due to run out at the end of January
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NewsMüller raises farmgate price by further 1ppl amid soaring on-farm costs
Müller Milk & Ingredients has added an extra 1p per litre to the 2ppl increase to its January farmgate price it announced last month
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NewsSouth African sultana producers pitch rebranded range to UK market
The rebranded SA Sultana variety offered “excellent value for money”, according to Raisins South Africa
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NewsAnti-deforestation measures: government to canvass businesses
The move follows commitments made in the Environment Act and at COP26
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News‘Grim combination’ of inflationary pressures to keep food prices high in 2022: Rabobank
The pandemic, La Niña, shipping and labour costs could feed continued inflation and even possible “social discontent”, Rabobank warned
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NewsMilk prices increase by up to 18% as farmgate hikes and other costs hit home
Inflation is being seen across both own label and branded milks, according to research by The Grocer
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NewsPasta prices leap as durum shortage impacts producers
Exclusive data reveals prices have risen across most major supermarkets
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NewsAvocado grower body slams London chefs for ditching fruit over water-usage concerns
The World Avocado Organization said substituting the fruit for fava beans in a guacamole alternative was “paradoxical” due to the bean’s own environmental impact
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NewsWheat prices at nine-year high as bakers warn of price increases
AHDB reported pricing that had surpassed all previous recent highs last week, on the back of tight supply and rising demand
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NewsFreshways to up milk price to 33ppl in 2022 amid soaring input costs
The liquid milk processor said price increases were now required due to increasingly challenging trading conditions.
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NewsUK food giants commit to eliminating deforestation from soy supply chains by 2025
The group – which includes Sainsbury’s, Morrisons and Nestlé – accounts for almost 60% of all soy purchases
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NewsDairy faces ‘reset’ as rocketing input costs drive up prices
Increases in costs of energy and feed are set to drive significant inflation across dairy, according to research by Kite Consulting
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NewsFood manufacturers facing record rapeseed prices
Rapeseed spot prices in Rotterdam hit a 50-year high in September
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NewsJohn Lewis Partnership scores highest for UK businesses in WWF’s sustainable palm oil use ranking
WWF has warned that many major brands are still “failing to truly clean up their act on palm oil”
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NewsWooden pallets are latest inflationary pressure to hit food companies
Pallet prices in Eastern Europe have risen from around €5 to €25 this year
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NewsSupermarkets set to face pasta shortages as sector declares 'emergency'
The Grocer previously reported that pasta prices were set to surge amid dwindling global supply of durum wheat in Europe and North America, and surging costs in the supply chain.
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NewsMorrisons warns of ‘industry-wide retail price inflation’ later this year
The pandemic, rising commodity costs, freight inflation and the shortage of HGV drivers across the UK were all putting pressure on prices, it said
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NewsPasta prices likely to surge due to reduced durum wheat supply
Industry sources warn costs have surged because of dwindling supply in Europe and Canada
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NewsWaitrose farmers supplying wool for John Lewis mattresses
The move is intended to prevent waste by giving the natural fibre a new purpose