Commodities news – Page 4
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NewsSainsbury’s cuts loo roll prices as pulp costs fall
It’s the latest in a series of early signs of deflation in some high-volume grocery lines, despite overall food inflation remaining high
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NewsJBS begins construction of cultivated beef protein plant in Spain
The Brazilian protein giant has invested $41m in the first commercial-scale industrial plant of BioTech Foods
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NewsGrowUp Farms gets green light for major vertical farm expansion
The height of the company’s Pepperness site at Discovery Park near Sandwich will be increased to 24.9m from 18.9m to accommodate more growing chambers
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NewsPrinces completes human rights assessment on Argentina pulses
The company sources a fifth of its pulses, including chickpeas and cannellini beans, from Argentina for both its Napolina brand and own-label lines
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NewsFertiliser prices start to ease but full recovery still distant
The cost of fertiliser remains 50% higher than 2019 says NFU
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NewsModern slavery toolkit launched for small food businesses
The majority of food and drink SMEs do not currently have modern slavery policies in place
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NewsSainsbury’s cuts prices of core own-label dairy lines
The retailer has said it will be cutting prices by up to 60% on more than 40 own-label products including hard and soft cheeses, yoghurts and cream
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NewsAvara Foods set to close Abergavenny factory
The poultry giant cited the impact of the Covid pandemic, plus inflationary pressures as key drivers behind plans to close the site
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News2 Sisters’ Singh warns poultry supply chain ‘at breaking point’
As production costs and inflation soar, Singh said ’this is unsustainable and can’t continue’
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NewsTea buyers accused of failing to address human rights abuses
Unfair wages, poor health and safety conditions and harassment were some of the allegations from tea plantation workers across the globe
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NewsSeasonal worker scheme extended for another year
The pledge came as part of a wide-ranging package of support for the sector
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NewsCommons Efra Committee to probe fairness in food supply chain
The inquiry will focus on how profitability and risk is shared, alongside the structural relationships between retailers and suppliers
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NewsTrewithen Dairy slides into the red amid production cost hike
The supplier enjoyed a £10m increase in sales but has faced significant hikes in input costs
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NewsManufacturers stockpile gum arabic due to Sudan supply fears
The Sudan conflict is threatening supply of the key ingredient for soft drinks, sweets and cosmetics manufacturers
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NewsFreshways and Arla make further cuts to farmgate milk prices
The processors cited an increase in global milk supplies, coupled with reduced domestic demand, or putting downward pressure on their prices
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NewsSupermarket-backed soy scheme delivers first batch to UK
Funded by Tesco, Sainsbury’s and Waitrose, the initiative encourages sustainable soy production in Brazil
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NewsSupermarket egg prices still rising as shortages continue
As many as 57 shell egg lines sold in the traditional big four, Aldi, Lidl and Waitrose have seen their prices rise by at least 10% since the start of the year
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NewsCargill faces legal challenge over soy supply chain
The soy trader has failed to eliminate risks of deforestation and human rights abuse, lawyers claim
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NewsFarmer confidence plunges in face of rising costs and bureaucracy
The NFU’s latest Farm Confidence Survey found that 88% of respondents felt the soaring price of input costs would negatively effect their businesses
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NewsSoft drink and sweet prices set to jump again for summer
Global sugar prices hit a six-year high in March and there is little sign of them easing