Agriculture is the backbone of the world’s economic activity (accounting for 4.3% of GDP, with a value of $3.6 trillion in 2020) and critical for food security and the health of the population.
Producers in Europe fear the Ukraine crisis may result in rising prices of items such as bread, baked goods and beer that may be passed on to end consumers.
Kellogg’s has moved to responsibly sourced corn for all Kellogg’s Corn Flakes sold across Europe and the UK. The claim ‘made with responsibly sourced corn’ is now prominent on all packs.
The corn and soybean harvest in the Midwest is expected to be down
by about two percent this year because of damage to crops caused by
flooding, according to US Department of Agriculture statistics.
Next year could see US agriculture focusing more on wheat and corn
at the expense of other crops, according to a marketing expert, who
examined the implications of higher crop prices on farmers and on
farm policy.
The Corn Refiners Association released its 2004 annual report on
Wednesday, focusing attention on the 'healthy' aspects of corn and
away from negative opinions of corn-derived products.
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.
An increase in sales volumes, favourable currency conversions and
improved pricing helped the US maker of syrups for soft drinks,
Corn Products International, offset the rising price of corn in the
first quarter. But as global corn...
