Commodities

Global sugar prices down due to expected surplus

Global sugar prices down due to expected surplus

By Oliver Nieburg

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.

Commission gives green light for major sugar industry takeover

Breaking News

Commission gives green light for major sugar industry takeover

By Oliver Nieburg

The European Commission has cleared the acquisition of the world’s largest sugar trader ED&F MAN by Europe’s largest sugar producer Südzucker and said it would raise no competition concerns on one condition.

Source Flickr - cstrom

Blommer predicts looming cocoa supply crisis

By Oliver Nieburg

Demand for cocoa is expected to climb 30% in the next 10 years creating a 25% shortage of current supply, according to North American cocoa processor and chocolate ingredients supplier Blommer Chocolate Company.

Wheat prices rise although FAO reports near record crop for 2012

Wheat prices rise although FAO reports near record crop for 2012

By Oliver Nieburg

The UN’s Food and Agriculture Organization has reported a rise in cereal prices from January to February with wheat prices raising the most. However the second highest wheat crop is forecast for 2012, which could bring prices down.

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.

Warning that sugar prices could surge to 30-year high

Warning that sugar prices could surge to 30-year high

By Jane Bryne

The leading traders of physical raw sugar claim that the commodity is likely to surge to a 30-year high in the coming months, with all eyes on the pending Indian sugar crop output which is hoped will ease supply pressures.

Bringing flour improvers to Africa and the Middle East

Bringing flour improvers to Africa and the Middle East

German flour improvers specialist Muhlenchemie has many years' experience in the fast-growing bakery markets of Africa and the Middle East - but each country and bread-eating culture requires a slightly different approach.