Global sugar prices increased by 41.9% in the 12 months to June 2023, with insights firm The Smart Cube projecting further rises in the second half of this year.
Food manufacturers need to make their supply chains more resilient to cope with the increased risk of weather-related production volatility, according to a new report produced by an independent food security research taskforce.
Food and drink manufacturers should be more transparent, resilient and collaborative to protect themselves from an impending water shortage and future extreme weather conditions, according to a leading environmentalist.
Government must lead the genetically modified (GM) food debate and take a more co-ordinated approach to food security, with the Department for Environment, Food and Rural Affairs (DEFRA) at the vanguard.
The likelihood of growing climate volatility and extreme weather incidents “wiping out” agricultural production and food systems is “increasing rapidly”, warns a leading expert.
Unseasonably hot Easter weather dented Thorntons sales for the crucial third quarter sales period up to April 30 2011, while the firm has predicted a drop in full-year profits.
Fresh pineapple harvests will be hit by bad weather later this year, with businesses forced to resort to canned versions of the fruit and other stocks, fresh produce processor Nature’s Way Foods has warned.