All Commodities articles – Page 7
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NewsIllycaffè confident of further growth despite coffee price volatility
Illycaffè has boosted first-half profits as revenues increased in all its major markets and distribution channels, with the Italian coffee roaster keeping a tight control over costs
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NewsBritish Sugar and NFU agree on sugar beet contract for 2025/26 season
The quick resolution to negotiations was hailed by both parties – who were at loggerheads last year in talks over the current season’s prices
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NewsUK supermarkets urge Defra to green-light deforestation law
Britain’s leading retailers told Defra secretary Steve Reed to press ahead with anti-deforestation regulation
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NewsAfrican countries step up efforts in the lead-up to EUDR amid pushback
Major cocoa producing countries, Ghana and Ivory Coast, reject claims they will not be prepared for the December 2024 deadline
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NewsFake olive oil on the rise as Mediterranean markets continue to struggle
Fraudsters are taking advantage of olive oil’s record prices to sell fake goods
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NewsCity snapshot: Lindt warns of further price hikes as cost of cocoa remains at record heights
Lindt & Sprüngli Group has achieved “robust” sales and profits growth in a “successful” first half of 2024, but the Swiss chocolatier warned of ongoing challenges caused by record high cocoa prices. Plus, trading update from Eagle Eye and Compass Group
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NewsRecord number of flood warnings on England’s farmland last winter
The analysis showed 1,008 flood warnings, when a flood is ‘expected’ in an area, were issued on grade one and grade two farmland
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NewsFuture of Hollybush butter brand secured after sale to Gower View Foods
The sale follows the announcement its owner Evan Rees (Butter) Ltd is to close
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KVI TrackerDozens of tonnes of fake olive oil confiscated by Italian authorities
The authorities have confiscated 42 tons of faux extra virgin olive oil worth €900,000
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NewsCoffee prices to soar to new heights, Lavazza warns
Coffee prices are on course to rise further from current record highs as poor harvests, supply chain disruptions and new EU deforestation regulations continue to hammer roasters, Italian group Lavazza warned
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NewsOlive oil production estimates decrease again
Sentiment among producers has slumped as estimates have been revised down
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Analysis & FeaturesIs salmon price-fixing cartel the food sector’s next scandal?
Suppliers could be on the hook for over £1bn in price-fixing probe
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NewsUK dairy farms ‘need £4bn investment’ in climate resistance
A new report by Kite Consulting warned large infrastructure investments would be required to meet the challenge of extreme weather and new environmental regulations
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NewsLidl and WWF launch international partnership
The tie-up follows Lidl GB’s commitment last year to halve the environmental impact of a shopping basket by 2030
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KVI TrackerSpain to cut olive oil VAT from July to ease consumer prices
But prices of wholesale extra virgin olive oil rose immediately after the announcement as demand bumped
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NewsWheat prices in UK could rise due to heavy rainfall in France
France is bracing for its worst wheat harvest in a decade
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KVI TrackerWelsh dairy company Evan Rees (Butter) on verge of closure
The business behind Hollybush Butter said commodity price inflation meant it was ‘impossible to continue’
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NewsRetailers ‘in limbo’ as deforestation laws put on pause ahead of election
The UK’s anti-deforestation proposals linked to food commodities were on track to receive parliamentary approval
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Comment & OpinionFairtrade’s Shared Impact will ensure long-term security for growers
The pressing issues faced by farmers have now reached a critical point that cannot be ignored, says Fairtrade Foundation associate director for sustainable sourcing Anna Mann
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KVI TrackerJuice suppliers ‘exploring’ alternative fruit as orange futures hit new highs
Brazilian crop yields are expected to be their lowest in 36 years