Two years on from the disastrous UK wheat harvest, wheat processors and bakers should see the market return to healthy yields and prices, according to a cereals analyst.
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European bakers should carefully monitor global growing conditions as the trends in major producing and exporting countries are a predominant influence on prices.
Food manufacturing giant Unilever will work with international non-profit Solidaridad to drive the sustainable development of the sugar cane industry in Central America.
Poor UK harvests and a deregulation of Canada’s grain market has meant that Canadian wheat sales to the UK have increased by 50%, but the UK industry says that need not mean a long term trend.
Kellogg cannot shirk its palm oil responsibility by deflecting attention to its supplier, says RAN following a statement from Kellogg calling for productive talks between its supplier Wilmar and the environmental group.
The US Agency for International Development (USAID) has pledged $4.98m to a project working with new genomics tools to develop drought and heat-tolerant sorghum hybrids and promote sustainable farming in Africa.
Wheat strains resistant to rust damage should improve the quality of Kenyan wheat and also reduce the country’s dependence on imports, the Food and Agriculture Organization says.
Global wheat prices are down and increased consumption catered for thanks to strong supplies and increased production in most countries, the United States Department of Agriculture (USDA) said.
ASR Group-owned Tate & Lyle Sugars is considering legal action against The Guardian newspaper over a story published this week accusing the sugar giant of working with a Cambodian supplier that employed child labour among other human right abuses.
Now the ACCC, Australia’s anti-trust commission, has given the green light to ADM’s proposed acquisition of GrainCorp, foreign interests will control all major grain handling facilities and grain ports in Queensland, New South Wales, South Australia and...
GrainCorp’s board of directors has recommended that its shareholders accept the A$3.4bn (US$3.16bn) takeover bid from Archer Daniel Midland in the absence of a superior offer.
European institutions reached a deal on reforming the Common Agricultural Policy (CAP) on Wednesday, including a compromise that will end sugar quotas by 2017.
In an update on its probe into unauthorized genetically modified wheat detected in Oregon, the US Department of Agriculture (USDA) said Friday that it “has neither found nor been informed of anything that would indicate that this incident amounts to more...
The European Commission has released a fourth round of out-of-quota sugar for the current marketing year at reduced levies in a bid to boost EU supplies as prices soar above world levels.
USDA regulators have confirmed that unauthorized GM wheat has been found growing in a field in Oregon, raising concerns that wheat exports could be negatively affected.
The US wheat market has failed to recover like its market counterparts, but despite this global prices will settle and supplies strengthen, according to Rabobank.
The Food Corporation of India could potentially earn over Rs25,000 crore (US$4.5bn) by exporting wheat lying in open warehouses, according to an Assocham study.
The UK was hit by an extreme wheat crisis last year forcing industry into import mode and forecasts suggest this trend may stay, says a commodity analyst.
The Food and Agriculture Organization (FAO) has said that grain harvests are set to reach record levels in 2013, and wheat production is forecast to recover from last year’s reduced level.
The United States Department of Agriculture has hit out at the Indian government for allowing the export of an additional 5m tonnes of wheat last month, calling it unviable unless the mandated floor price is brought down.
The UK could soon become a net importer of wheat for the first time in a decade, but The Federation of Bakers has said that there may be enough of the commodity on the global market to satisfy industry needs.
The US Department of Agriculture (USDA) must do more to foster coexistence of genetically modified and non-genetically modified crops, the Center for Science in the Public Interest says.
Farmers organization Copa-Cogeca has forecast EU soft wheat production to increase 3.7% on last years levels by the 2013/14 marketing year, but worries that weather may impact yields.
Norway’s US$710bn sovereign investment fund has pulled its investment from 23 Southeast Asian palm oil companies, claiming that they source palm oil unsustainably.
Heatwave conditions from early January and below average rainfall across Australia’s major agricultural regions have resulted in a less than favourable summer cropping season, according to the Australian Bureau of Agricultural and Resource Economics and...
Use of wheat for feed should be lower than last year but will remain high and this could put more pressure on already tight supplies for the bakery and snacks industry, an analyst says.
Sugar refiner Tate & Lyle Sugars will take its fight against the European Commission for alleged mismanagement of the European sugar market to court today.
Global wheat prices have settled slightly but remain historically strong and the prolonged period of such conditions is uncharted territory for industry, according to an analyst.
The Food and Agriculture Organization (FAO) has urged greater use of neglected traditional grains, saying that there is global overreliance on just a handful of staple foods.
Australian food giant Goodman Fielder will offload its New Zealand flour milling business to Japanese firm Nisshin as part of its wider strategy to recover from struggling finances.
Guar gum prices have dropped a long way from peaks of $20 to $25 a kilo – but there is now a standoff between buyers and sellers, according to hydrocolloids industry expert Dennis Seisun.
Wheat and corn prices have eased over the fourth quarter but will spike again at the beginning of 2013 as impacts from demand rationing take hold, Rabobank says.
Sky-high wheat prices will deter use of the grain for feed and thus secure supplies for bakery and snack manufacturers in the long-run, according to an analyst.
Guar should not be relisted on India’s futures market until regulation of trading is improved, the Associated Chambers of Commerce and Industry of India (ASSOCHAM) says.
Guar gum could be relisted on India’s futures market if a positive committee decision is reached next week, according to the country’s commodity markets regulator.
Smaller bakery and snack manufacturers will be forced to consolidate with stronger entities within the next six months as the eurozone crisis looks set to worsen and commodity prices remain high, an analyst says.
Bakery and snack manufacturers can expect a higher wheat price in the coming months as the US drought has hit the maize market putting pressure on wheat supplies amid export concerns in Russia, says an analyst.
Price spikes in the US grains market fuelled by a lengthy drought will be felt by bakery and snack manufacturers around September, according to an industry analyst.
Worldwide sugar prices have fallen in the second quarter (Q2) of 2012 as the market is projected to record a surplus for the next two seasons, according to Rabobank International.
