All Commodities articles – Page 7
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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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Analysis & FeaturesThe unsettling link between climate change and the price of pasta
The commodity surged on the back of the Ukraine war. Now American and European crops are suffering from heatwaves and drought
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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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KVI TrackerDurum wheat shortages set to push up the price of pasta
Production of durum wheat has fallen by as much as 20% year-on-year in Canada – the largest global exporter of the crop
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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
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KVI TrackerChocolate prices rise as cocoa is threatened by weather and disease
Both branded and own-label chocolate lines have experienced price hikes of up to 50%
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News2 Sisters firmly in the red amid supply chain woes
Turnover improvements were largely driven by inflation, said the business, which warned inflationary pressures had continued into 2023
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NewsLack of fertiliser self-sufficiency a risk to food security
The Commons Efra Committee said the government had not ’set out the steps it will take to protect domestic production of nitrogen fertiliser and [the] ammonia used in it’
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NewsEuropean heatwave to push up fruit & veg prices, experts warn
According to analysts, crop yields of fruit & veg grown in Spain are likely to be affected by the temperatures in southern Europe
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Comment & OpinionCracks are beginning to show in the global chocolate market
Seen as one of the most stable of staples categories, chocolate is now being impacted by a confluence of both supply side and demand factors, says Warren Ackerman, head of European consumer staples research at Barclays
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Comment & OpinionJust as we thought food inflation was starting to ease…
A series of threats to global commodity markets are stoking renewed fears of price hikes
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NewsCereal crops decimated by Europe’s heatwave
The 2023 European cereal harvest is set to be its lowest since 2007, some 9.5% lower than the five-year average, while other weather-beaten commodities have also taken a hit
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NewsIndia and Ukraine grain shortages deal fresh blow for global food inflation
India’s rice export ban comes amid grain market volatility following Russia’s withdrawal from the Black Sea grain deal
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Comment & OpinionBritain’s strawberries are at risk unless a fair price is paid
Britain’s berries are under threat as supermarkets fail to pass cost increases back down the line to them, the industry’s trade body has claimed