The British Meat Processors Association (BMPA) has said that UK producers should expect further rises on the price of wheat if the ‘landmark’ deal between Ukraine and Russia on the global exports of wheat is not upheld.
According to the United Nations (UN), a deal between Ukraine and Russia to resume exports of wheat through the Black Sea has been signed, potential ending world supply issues of the essential ingredient.
Marks and Spencer Group plc has announced the acquisition of Gist Limited, the principal contract logistics provider to M&S Food, with the aim to “modernise its food supply chain network to support growth.”
Many foodstuffs including butter, flour, ready-made meals and lamb have seen double-digit inflationary rises in June, according to the latest update from the Food and Drink Federation (FDF).
The second Red Tractor ‘Trust in Food’ Index has revealed that food from the UK is still more trusted than anywhere else in the world but highlights increased concerns from British consumers as eating and shopping habits change.
Electricity spend for the UK’s cold storage facilities has more than doubled between 2021 and 2022, a new report published by the Cold Chain Federation (CCF) has found.