All Russia-Ukraine conflict articles – Page 9
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NewsMedia Bites 13 June: Morrisons, Government food strategy, Tesco
The private equity owners of Morrisons are sounding out buyers for a portfolio of its warehouses, fisheries and food manufacturing plants that is expected to fetch more than £600m
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NewsFood & drink reformulation and drive to cut sugar boosts Tate & Lyle
The sweetener and sucralose supplier posted double-digit sales and profit growth from continuing operations after shedding its US industrial starches business last year
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NewsConcerns over criminals using seasonal worker visa to exploit labourers
‘Sham’ operators have been charging extra to facilitate the recruitment of workers into the UK growing sector
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NewsHeineken appoints former Russia boss Boudewijn Haarsma as UK MD
He will replace Lawson Mountstevens, who will continue as interim MD until Haarsma takes over at the end of July.
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NewsCity snapshot: Palm oil producer MP Evans reports 51% spike in prices in 2022
Palm oil producer MP Evans has seen its mill gate prices jump 51% in 2022 amid supply constraints and commodity inflation, while palm kernals are up 85%.
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NewsJBS to spend over £4m on fire-fighting in world’s biggest tropical wetland
The outlay comes two years after an inferno that environmentalists said was caused by JBS’s suppliers
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NewsCF Fertilisers plant shutdown set to heap more uncertainty on struggling food producers
The US chemical giant is to close its plant at Ince in Cheshire, though industry experts have played down the risk to CO2 supplies
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NewsCity snapshot: Tate & Lyle boosted by global reformulation drive
Tate & Lyle has posted double digit sales and profit growth from continuing operations as the drive to reformulate food and drinks boosted its performance. Plus trading updates from Poundland owner Pepco and British American Tobacco.
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NewsMedia Bites 9 June: CO2, inflation, Tesco, John Lewis
Britain’s biggest fertiliser producer and carbon dioxide supplier to the country’s meat, beer and soft drinks sectors is to close one of its plants as soaring energy costs continue to bite.
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NewsNFU warns crop output could fall if fertiliser prices remain high
Union says government must include fertiliser in its new food supply blueprint
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NewsMedia Bites 8 June: M&S, Petrol prices, Tesco
The top three executives at Marks and Spencer could earn more than £15m between them for the current financial year if they hit targets
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NewsConcerns grow about rice supply as exporters weigh up curbs
Reports of panic-buying by traders in India followed talk of Thailand and Vietnam pairing up to raise prices
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NewsRapeseed oil prices surge by up to 100% amid ongoing Ukraine conflict
Ambient giant Princes confirmed it had faced ’significant inflationary pressures’ after products from two of its cooking oil brands doubled in price
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NewsGlobal supply turmoil could see British potato farmers switch to cereals or oilseeds
Insiders say domestic market in good shape ahead of possible crop rotations this year
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NewsOrnua hails ‘record’ year as turnover hits $2.5bn in 2021
Despite ‘persistant challenges’, the dairy company has seen turnover rise to €2.5bn, an increase of 6.9% year on year
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NewsTesco uses supplier price negotiations to hike requests for ‘back margin’ payments
It marks the return of the so-called ‘back margin’ practice that had been largely stamped out by former Tesco boss Dave Lewis
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NewsMedia Bites 6 June: MFG, Grubhub/Just Eat Takeaway, Unilever
One of the world’s biggest oil producers is contemplating a multibillion pound takeover bid for Motor Fuel Group
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Comment & OpinionUK’s move on gene-edited crops is a step forward – but consumer perceptions need to shift
Gene editing can translate decades of scientific research into crops that are healthier to consume and reduce environmental impacts, says Mark Tufnell, Country Land & Business Association (CLA) president
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NewsMüller follows Arla with another hike to its farmgate milk price
The processor’s price hike to 46ppl means Müller has increased its milk price by 31.4%, or 11ppl since 1 March
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Comment & OpinionVertical farming can boost the UK’s food security as global supply chains struggle
Vertical farming has the potential to transform the global food supply chain and bolster local economies, says John Stapleton, non-executive chairman of Fischer Farms