Commodities news – Page 2
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NewsSugar beet price dispute goes to arbitration
British Sugar and the NFU have appointed a professional external facilitator to remedy their dispute
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NewsMiddle East conflict escalation could make food production costlier
Risk of violence spilling to neighbouring countries threatens making food production more expensive
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NewsAvara Foods announces plans to close Gloucestershire factory
The poultry giant cited the ongoing impact of inflation in the poultry supply chain as the key driver in its move
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NewsTony’s Chocolonely and Aldi pledge to increase pay for cocoa farmers
Cocoa buyers including Tony’s, Aldi and Ben & Jerry’s have committed to upping pay for farmers in Ghana and Ivory Coast
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NewsOlive oil markets catch a break as Spain production estimates are bumped
Spanish olive oil production seems to be improving, but suppliers are still apprehensive
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NewsAHDB reveals proposed levels of increase to its levy rates
The proposals from AHDB’s four sector councils come in the midst of ongoing input inflation across farming
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NewsPilgrim’s UK hails bounceback as losses shrink
The pork giant saw operating losses fall from £16m in 2021 to £2.26m last year, its latest accounts have shown
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NewsFarmers and co-ops commit to regenerative agriculture framework
Over 20 leading fmcg companies and farmer co-operatives have developed and tested the framework across their global supply chains
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NewsMagnum to help more women in Ivorian cocoa farming communities
Unilever-owned Magnum’s female empowerment programme helps Ivorian communities during the cocoa off-season
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NewsSyrian olive oil production slump adds pressure to fraught global markets
Syria is not a major olive oil exporter, but there are still fears this will added pressure to an already distressed global market
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NewsUK allowing harmful pesticides use since Brexit, says group
Pesticides Action Network has released new data that reveals 36 pesticides that are banned in the EU are permitted for use in the UK
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NewsSainsbury’s invests £6m in extra payments for milk supply chain
The retailer will add 1p per litre to its milk price from next month in recognition of the difficult conditions facing dairy farmers
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NewsNitrogen fertilisers: Soil Association urges public to drive reduction
The fertilisers are 300 times more potent at warming the atmosphere than CO2, according to the Soil Association
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NewsOrnua CEO John Jordan to step down after 30 years at the business
The Ornua board has appointed current CFO Donal Buggy as interim CEO to lead the organisation during the transition period
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NewsOlive oil prices rocket with Spain set to run out of supply before next season
Suppliers have warned of olive oil shortages for months
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NewsPrinces expands migrant worker scheme to support modern slavery victims
The Napolina owner has partnered with a southern Italy voluntary association, Casa Sankara, to hire and train 32 migrant workers living in vulnerable conditions
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NewsRussian attacks on Ukrainian ports fuel grain shipping concerns
Russian drone strikes destroyed grain warehouses on two different port areas in the Odesa region of Ukraine
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NewsNearly 10% of dairy farmers planning on ending production within two years
A further 23% said they were ’unsure’ if their business would continue producing beyond this point, the NFU said
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NewsOrange juice cost price increases looming amid citrus supply squeeze
Orange juice futures have this week surged to record highs after multiple hurricanes and disease-decimated crops in the US and Brazil
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NewsNFU calls on government to prioritise domestic food production
The NFU is warning the government needs to take domestic food production as seriously as it does the environment