Comment: Banks scale back food commodity speculation
Food commodity speculation is back in the spotlight as the prospect of another global food price surge looms and banks…
US drought prompts inflation fears
The extreme hot weather in the US has hit corn and soybean yields, pushing up prices of the commodities and raising concerns at manufacturers – and prompting forecasts from Washington that retail prices could increase faster than usual in 2013.
On the money: Ralcorp believes volumes will improve
US private-label food group Ralcorp Holdings has said it expects to see volume trends improve after recording a 6% decline…
UK: Premier Foods to pass on higher wheat costs
Premier Foods plc CEO Michael Clarke has insisted the UK food manufacturer will pass on the higher wheat costs it…
ByOn the money: We can up prices, insists meat giant Tyson
US meat giant Tyson Foods has expressed confidence it can push through the higher grain costs it expects to incur…
ByOn the money: ADM looks to international investment as corn prices spike
Commodities giant Archer Daniels Midland has said it is continuing to increase its investment outside the US in light of…
US: Meat industry demands easing of corn ethanol rules
The US meat industry has called for an easing of renewable fuel regulations to reduce the amount of corn ethanol…
US: Meat firms sound warning on corn price pressure
US livestock and poultry producers have warned the severe drought in the country will have a "devastating" effect on the…
US: 2013 inflation risk from drought – USDA
The worst drought in the US for 50 years could push up food prices into 2013, government officials have said.
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