Commodities news – Page 6
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Mowi announces record year, breaking £1bn in operating profit
The company harvested a total of 446,000 tonnes of fish in 2022, some 4,000 more than guided a year ago
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Sainsbury’s rolls out £2 fruit & veg boxes to reduce food waste
The boxes are available from more than 200 selected supermarkets across the country following a trial in January
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Fischer Farms reports successful wheat trial in vertical farm
The agritech business claims it is the first vertical farm in the UK to cultivate the crop in a biosecure, controlled environment
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Avara Foods slumps to loss amid ‘inflationary pressures not seen for a decade’
The poultry supplier saw a £16.9m profit swing to a £16.1m loss during the 2021/22 financial year
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More legislation needed to halt premature salmon death, animal charities warn
NGO Animal Equality claimed that 2.8 million farmed salmon died on-farm in Scotland during September
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2 Sisters owner Boparan and ForFarmers abandon animal feed joint venture
Boparan subsidiary 2Agriculture had hoped the jv would bring down feed prices
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Farmgate milk prices plunge by 12% in just one month
Pricing reached record highs last year, driving significant retail price inflastion across the dairy category
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Arla warns of tough year ahead after 2022 trading ‘volatility’
The dairy giant saw branded volumes fall last year as the cost of living crisis kicked in
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Strawberries to get pricier as UK nears Egyptian tariff quota
The UK’s tariff-free quota for Egyptian strawberries is now at ’critical’ levels, according to government data
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Finnebrogue and Mash Direct team up to support employees with cost of living crisis
The two companies have agreed to produce food bundles for their workforces, comprising a balance of veg-based and protein-based products
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BerryWorld partners with vertical farm to grow strawberries year round
Smartkas has agreed to grow Eve’s Delight strawberries in its vertical farm in Essex, which has 27,000 sq m of growing space
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Wyke Farms sees sales and profit rise, despite soaring costs
The supplier said the cost of producing cheddar had doubled since the start of its accounting period
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Agflation starts to decline but continues to outpace food inflation
Agflation was estimated to be at 18.7%, compared to 11.1% for agricultural outputs
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Chicken supply facing ‘crisis’ due to low returns, producer claims
Herefordshire-based Jo Hilditch of Whittern Farms warned the sector could suffer the same problems as seen in eggs in recent months
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All English free-range eggs to become barn eggs by end of February
From today, eggs originating from free-range flocks in the east of England will need to be labelled as barn eggs, with the rest of England following from 27 February
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Yutaka launches sashimi-grade salmon for UK supermarkets
The salmon for the product is kept at a low temperature in a Norwegian fjord next to the factory, which minimises stress on the fish
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Young families turning away from meat, fruit and veg in cost-of-living crisis
Over a quarter of parents of young children (27%) said they are buying less meat and 18% said they are buying less fruit and veg
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McCain invests £35m into British potato farming to safeguard sector
The funding will help British farmers manage the challenging environmental pressures the sector is facing and offset “unprecedented on-farm inflation”
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Battered supply chains put food and drink at highest theft risk
Supply chain volatility has opened the floodgates for ‘opportunistic crime’
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Environment groups criticise government for emergency pesticide use
Defra approved an emergency temporary authorisation for the use of the neonicotinoid pesticide treatment on this year’s sugar beet crop