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.
Lower feed prices and improved value chains should fuel a strong second half of 2023 for the global poultry industry, according to a new report by Rabobank.
Will Downey, Senior Business Development Manager at The Australian Trade and Investment Commission (Austrade) in the UK discusses the nutritional benefits of new Australian products set to enter the UK market following the Free Trade Agreement.
A group of 12 manufacturers embarked on a trade mission to India last month, in a bid to secure exports to the country’s food and drink sector, forecast to grow to £500bn by 2020.
Trade groups have backed a report on Brexit from the Environment, Food and Rural Affairs (EFRA) committee that warns of a potentially “significant impact” on UK agriculture and the knock-on impact on consumers.
Foreign secretary Boris Johnson MP has been warned about the importance of having Brexit trade deals in place, to safeguard the UK as an international wine hub.
Dairy, salmon and pork exports soared in 2017 following the Brexit vote, helping to add £2bn to overseas food and drink sales compared with 2016, according to figures released by the government.
Food manufacturers need to become more transparent and willing to share data with other companies to boost the authenticity of the supply chain, the boss of a leading ingredients importer has urged.
The UK’s customs system will not be ready for when the country leaves the EU next year, according to Food and Drink Federation director general Ian Wright.
Building strong export links with Europe will be just as important as trading with new markets after Brexit, according to Wyke Farms md Richard Clothier.
The government would support the imposition of tariffs on imports of food and drink post Brexit to protect UK producers, despite it increasing prices for consumers, environment secretary Michael Gove revealed to MPs last month.
Haggis manufacturer Macsween has exported 7t of product to Canada since the ban on the iconic food was lifted in August last year, according to the Scottish government.
Brexit could cost thousands of food and drink industry jobs, force businesses to downsize and block supply chains, if the government does not agree a post-Brexit transitional period in the lead up to it, warned the Food and Drink Federation (FDF).
The UK will go on to achieve a successful trading deal with the EU now that a last-minute deal to move on to the next phase of the Brexit negotiations has been struck, because it is in the interests of both parties to do so, former minister of state at...
US trade negotiators will “play hardball” when discussing food and farming products, as part of a post-Brexit trade deal with the UK, warns Sir Ivan Rogers, former UK permanent representative to the EU.
Pork producers in Northern Ireland have today (November 24) started exports to China, as part of a nationwide deal, first revealed in August, which is expected to generate £200M and support 1,500 jobs.
Failing to strike a trade deal with the EU before Brexit would be “a very bad deal indeed” for the UK food and farming industry, former top civil servant Sir Ivan Rogers told a forum organised by the National Farmers Union (NFU) on Monday (November 20).
Food manufacturers and retailers in the UK need to start preparing their contingency plans for a ‘hard’ Brexit – in which no deal is agreed with the EU – in order to mitigate the risks they face, warns a leading supply chain expert.
The US and the UK are currently in “the dating phase” over agreeing a trade deal, which should not take long, US agriculture secretary Sonny Perdue has exclusively told the Food Manufacture Group.
US secretary of agriculture Sonny Perdue is to visit London this week, as part of his first official visit to Europe, in a bid to ‘lift trade barriers to US exports’.
The food and drink industry has welcomed Prime Minister Theresa May’s plan for a two-year transition period, in which the terms of trade should remain unchanged, to ease Britain’s exit from the EU.
Exports of UK beef, lamb and pork were worth more than £500M in the first half of this year, up 18% year-on-year, according to the Her Majesty’s Revenue and Customs (HMRC).
The UK is “open for business” with the rest of the world, but government needs to do more to promote food and drink exports before and after Brexit, a senior figure at the Department for International Trade (DIT) has suggested.
Salad supplier Southern Salads has entered administration and “all but a handful” of its 260 workers have lost their jobs, after the value of sterling plummeted following the Brexit vote.
Food manufacturers are set to benefit from a new £200M export deal with China, supporting 1,500 jobs in the pork industry, according to the Department for Environment, Food and Rural Affairs (DEFRA).
The UK is set to benefit from a £34M export deal with the Philippines, which will see beef shipped to the country for the first time in more than 20 years.
The future of food trade between the UK and EU and fears about the lowering of food safety standards if a bilateral deal is struck with the US, took centre stage over the past month, as Brexit negotiations began.
Brexit could have a “substantial impact” on food prices, according to research from the Institute for Fiscal Studies (IFS), as manufacturers’ costs increase due to sterling devaluation.
The Scotch whisky sector wants a reduction in the 150% tariff that India imposes on imports of its products in any bilateral trade deal the UK seeks following Brexit in March 2019.
There is still time to buy early-bird tickets for the Food Manufacture Group’s exports conference – to take place at Ardencote Manor, Warwickshire on Thursday October 5 – ahead of the deadline (July 31).
The provenance of UK-produced food would underpin the government’s global export strategy as the nation moves towards Brexit, Michael Gove claimed in one of his first outings as the new environment secretary.
Food and drink manufacturers should beware the threats of “shotgun trade deals” with the US and other trading partners, warned Barry Gardiner, shadow secretary of state for international trade.
The Confederation of British Industry’s (CBI’s) calls to remain inside the EU’s Single Market and Customs Union until after Brexit have been backed by EEF, the manufacturers’ organisation, and the Labour Party.
Shadow secretary for international trade Barry Gardiner will lead a top line-up of speakers at the Food and Drink Federation’s (FDF’s) 2017 Convention, which takes place at the British Museum in London on July 11.
Manufacturers need urgent answers to key questions raised by the Queen’s Speech, in order to avoid “economic chaos”, says EEF, while the Food and Drink Federation (FDF) highlighted the importance of four key policy decisions.
Scottish food and drink exports climbed £124M to £1.25bn in the first quarter of 2017, with EU sales accounting for 70% of total exports, prompting the Scottish government to underline the importance of the EU’s 510M consumers.
The government should review its decision to leave the EU Customs Union, urged the Freight Transport Association (FTA), after the confusion caused by last week’s general election.
Calls for a soft Brexit – maintaining closer ties to the EU’s market of 510M customers – continue to rise after the general election, as the Institute of Directors (IoD) reveals a “dramatic drop” in business confidence since the hung parliament.
UK food and drink exports reached record high levels in the first quarter of 2017, driven by overseas sales of whisky, salmon and chocolate, the Food and Drink Federation (FDF) has revealed.
