Commodities

World sugar stocks on track for recovery

World sugar stocks on track for recovery

By Lynda Searby

Sugar stocks should rise significantly from their current low levels, with analysts forecasting a global sugar surplus of around 9.5m tonnes in the 2011/12 (October-September) crop year, on the back of increased production in Europe and Asia.

In fine fettle: But, elsewhere, parched soils have already capped cereal yields and could boost prices.

Drought set to boost European cereal and sugar prices

By Mike Stones

Prolonged drought in northern Europe has already capped yields of cereals and sugar beet and, without significant rainfall over the next two months, could significantly boost prices, warn analysts.

Give us this day our daily bread: Mark Fairweather is calling on retailers to pay bakers more for bread

Allied Bakeries boss warns of bread price rises

By Rick Pendrous

Mark Fairweather, chief executive of Allied Bakeries, has called on retailers to accept inevitable bread price rises due to rising input costs, and specifically pressure arising from global speculation on wheat.

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