Insolvencies within food manufacturing driven by rising ingredients costs
The number of food and drink manufacturing companies entering insolvency has increased by 108% in the last year according to INVERTO.
Food inflation drops to lowest level since October 2022
The British Retail Consortium has released its full report on fresh food inflation, reporting a 6.9% rise in price while grain costs remain high.
Last Ukraine ship sets sail as Russia leaves grain deal
The last ship to sail under the Black Sea Grain Initiative has left the country’s port of Odesa on the Black Sea. Russia has confirmed it will not renew the agreement.
