Global food prices have jumped nearly 2% marking the first increase since July 2011, claims the price index from the UN’s Food and Agriculture Organization (FAO).
The European Commission (EC) has anticipated a fall in cereal cultivation area in its forecast for 2011/12, but crop production is expected to remain largely stagnant.
There has been a slight decline in global food prices in September but world cereal markets are set to remain tight, said the FAO in its latest evaluation of crop prospects and the global food production.
Upward pressure on cereal prices looks set to continue, following yesterday’s announcement that the US Department of Agriculture has downgraded its yield projections for maize. The 2011 crop is now forecast at 12.5bn bushels, which is 50m larger than...
There is no health risk arising from European consumers' intake levels of the mycotoxin zearalenone, said the EU risk assessor, in an evaluation of dietary exposure to the contaminant associated with grain and bakery products.
April saw sharp rises in grain prices due to exchange rates and oil prices, with the future curve to be determined by how much production increases and ability to replenish reserves.
Higher oil prices, reflecting continuing unrest in the Arab world, could further destabilize volatile food markets; particularly cereals, warns the Food and Agriculture Organisation (FAO).
Global food prices have fallen this year to date as higher cereal production following 2008 spikes kick into the market place, but non-cereals are keeping them way above 2002-4 levels and there may still be trouble ahead.
Interest in ‘ancient’ grains like quinoa, sorghum and teff has soared, not least because of their gluten-free quality. That means expanding supply to keep up with demand.
Global grain markets are facing breaking point because of drought and mass urbanisation in China which is diverting land-use away from crops, according to a new study from researchers at the University of Leeds.
The UK’s National Farmers Union (NFU) is calling for the reinstatement of European import duties on cereals to protect grain producers both domestically and in northern Europe.
Higher food prices have led to larger areas planted with cereals in Russia and Ukraine, which is expected to result in higher agricultural output this year, according to the UN’s Food and Agriculture Organization.
Bakers and snack makers can enjoy some relief in price for wheat as bearish fundamentals for this valuable commodity provide a rosier, albeit hesitant, outlook for supplies.
Beneo-Remy has announced a price increase of 40 per cent across its
rice-derived ingredients portfolio to help counter the pressure of
greater demand on rice supplies and higher costs.
The industry body Grain Foods Foundation has revamped its logo -
used on the packaging of member products - in order to better
convey the link between grains and vitality.
The American Association of Cereal Chemists International (AACCI)
is meeting this week in Europe, where experts from the
international cereals and grains industry are discussing latest
developments in grain-based science and technology.
Alcoholic drinks makers could benefit from a new range of enzymes
that claim to increase production at the same times as
significantly reducing operating costs.
Processors need to put more pressure on growers to reduce pesticide
levels in their cereal crops, according to a guidance document from
the UK's food safety regulator.
Barley and rye are underutilized whole grains, and although they
are considered to be minor cereal grains they have major health
benefits, heard food scientists and manufacturers last week.
World cereal demand is forecast to surpass supply in the coming
2006/07 marketing year, pushing down stocks to an uncomfortably low
level, according to the FAO.
Global cereal production for 2005 will be higher than previously
thought, and large inventories will continue to mitigate against
upward price pressure, says FAO.
Supporting evidence for the health benefits of regular cereal
consumption, girls who eat breakfast cereal daily weigh less than
their friends who opt for a different morning sustenance, reveals a
new study.
A new laboratory designed to improve the quality of barley and oats
could have major implications for makers of breakfast cereals,
beverages and bakery goods.
Australia, the world's second largest wheat exporter, may be facing
up to a 30 per cent fall in its grain production this year, says a
report released yesterday by the Australian Bureau of Agricultural
and Resource Economies...
Prices for cereals still vulnerable to upside risk in 2005/06 as
world crop predictions suggest supplies could fail to meet demand,
resulting in a drawdown of already vulnerable global stocks,
reports Lindsey Partos.
Cereal and snack producer Kellogg will have the edge over
arch-rival General Mills over the next few years as superior
innovations in the premium health sector and a more focused product
portfolio drive the firm forward, writes Chris...
Prices for key raw materials used by the food industry are lighter
this month on gains in wheat, corn and soybean inventories, but
analysts suggests wheat prices are open to upside risk.
Prices for key raw materials used by the food industry are lighter
this month on gains in wheat, corn and soybean inventories, but
analysts suggests wheat prices are open to upside risk.
Despite an upturn in global wheat, corn and soy production in 2004,
prices for food ingredients sourced from cereal raw materials are
likely to remain under pressure, writes Lindsey Partos.
Global drawdown in cereal stocks, the essence of a raft of
ingredients, may turn the corner this year as a new report from the
UN food agency predicts world cereal production will hit a record
2.04 billion tonnes in 2004, an increase...
Two of Britain's biggest agriculture companies, faced with an
increasingly unstable market and rising costs, have announced they
will merge to insulate themselves and compete more effectively
through local grain markets, writes...
Understanding the genetic make-up of rice will help scientists to
map the genomes of corn and sorghum crops, say US researchers, at
at time when scientists are keen to promote the gluten-free
benefits of sorghum in food formulations.
Understanding the genetic make-up of rice will help scientists to
map the genomes of corn and sorghum crops, say US researchers, at a
time when scientists are keen to promote the gluten-free benefits
of sorghum in food formulations.
ADM, the US processor of soybeans, corn, wheat and cocoa for food
that sells extensively to Europe, saw profits in the first quarter
soaring by 77 per cent, fuelled by a drop in oilseed and grain
prices.
ADM, the giant processor of soybeans, corn, wheat and cocoa for use
in foods, saw profits in the first quarter soar by 77 percent,
fuelled by a drop in oilseed and grain prices.
Russian food group Razguliay has launched a new range of
grain-based products under the Divnitsa brand, the first stage of a
strategy aimed at allowing the agricultural processor to compete
for the first time with value-added imported...
A rise in global stocks of wheat after a 30-year low will offer
continued relief to the tighter prices experienced by the food
industry in previous years, but the food chain still needs to stay
on the alert.
There are signs that rising commodity costs are pinching the length
of the food chain with US cereal product maker General Mills
warning that, despite strong fourth quarter figures, the soaring
costs will have an impact in the near...
As grain stocks are depleted across the world, China's food
producers have found sourcing the commodity an increasingly
expensive and time consuming issue, writes Simon Pitman.
However, a report from independent intelligence...
As the buffer zone for global cereal stocks continues to fall and
raw material prices rise, the UN-backed Food and Agriculture
Organisation (FAO) warned this week that cereal stocks will
continue to fall, predicting that although...
French starch supplier Cerestar, a subsidiary of US agri-giant
Cargill, will tackle the stagnant European bakery market rolling
out a new generation of cold water swelling starches targeted at
bakery products with fruit, cream or...
Rising prices for ingredients sourced from raw materials may find
little relief in 2004 with the UN-backed Food and Agriculture
Organisation yesterday predicting a fall in cereal stocks again by
the end of the 2003/2004 season. 'Soaring...