Commodities news – Page 18
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NewsVolatile UK weather hits cereal, potato and orchard crops
Heavy rain and hail coupled with unseasonably low temperatures have hit harvests and yields
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NewsTesco’s new soy policy must go further to tackle deforestation, say campaigners
Tesco has issued a new policy for meat suppliers using soy in feed
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NewsBritish hop growers under pressure from oversupply
Sales were “significantly down” and growers were being left with an “oversupply situation”, Ali Capper told The Grocer
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NewsConfectionery prices set to rise as sugar surge continues
Analysts expect a further 10% to 15% rise in sugar prices over the next six months
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NewsFood prices likely to fall over next decade, says UN
A supercycle of commodity prices is unlikely, according to a new report
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NewsRice flour shortage set to raise prices of babyfood, noodles and soups
The shortage could cause price hikes and recipe changes in babyfood, noodles and gluten free products, warn Eurostar Commodities
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NewsPernod Ricard warns of New Zealand wine brand shortages after poor harvest
The supplier said it had 34% less Marlborough sauvignon blanc this year compared to last year’s vintage
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NewsRising production costs could push up retail dairy prices
Processors have been increasing farmgate prices in response to strong global demand and a lower-than-expected spring flush in the UK
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NewsMorning cuppa threatened by climate crisis, report warns
PG Tips, Tetley, and Twinings echoed the warning
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NewsFears grow over inflation as wheat, corn and soya prices hit eight-year highs
The crops are watched closely as they form the backbone of diets around the world
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NewsBread prices must increase to cover inflation, warns Irwin’s
Food prices were down in March, according to the ONS this week
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NewsOilseed rape prices up due to crop concerns
According to Mintec, rapeseed oil at Rotterdam was priced at €1,053.33 (£909.56) per metric tonne on 7 April
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NewsFood and drink exports still down despite February recovery
HMRC figures show food and drink exports to the EU were down by 26% in February compared with the same month last year
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NewsArla sounds alarm over rise in costs due to rising feed costs
It comes amid tight global supplies of cereals, with Arla warning the cost of production could rise by 6%
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NewsFree range egg sector threatened by high feed costs and low prices
Feed prices have been elevated by high demand from China, which is rebuilding its pig herd
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NewsTight supply set to keep farmgate price of beef high in 2021
The GB all-prime average deadweight beef price ended 2020 some 5% higher year on year, and is expected to remain high
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NewsCompulsory dairy contracts get go-ahead from government
The proposal, backed by the devolved administrations, is set to shake up how the sector operates
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NewsRabobank warns of further commodity price hikes in 2021
Soy, corn and wheat prices are set to increase as poor weather and governmental stockpiling continue to put pressure on supplies
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NewsAHDB facing challenge to funding model with levy ballot
Growers are unhappy with how the board collects and spends their compulsory levies
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NewsFood price hikes loom amid pressure on commodities
Wheat, sunflower oil and soybeans are among the ingredients that have seen significant price increases in recent months