Nestlé warns of further price rises due to rising production costs
Swiss food manufacturer Nestlé has said that it will continue to raise the prices of its products, after initially increasing prices by more than 5% in the first three months of 2022.
UK pig industry calls on Defra to support “collapsing” sector
The National Pig Association (NPA) and the National Farmers Union (NFU) called for government to act on section 21 of the Agriculture Act that enables support to be provided to agricultural producers in England.
Global milk supplies forecast remains flat
Following a low growth year in 2021, when global milk production was up only 0.8%, 2022 is not looking to fare any better. Updated forecasts for the year ahead now see global milk production remaining flat on the year.
Higher food prices to slow global economic growth
The war in Ukraine will “severely set back” the global economic recovery with the UK hit harder than most, the International Monetary Fund (IMF) has said.
India poised to supply food to the world
Indian Prime Minister Narendra Modi has told US President Joe Biden that India is ready to ship food to the rest of the world following supply shocks and rising prices due to the war in Ukraine.
