The current supply glut on the EU butter market will be solved by
more producers leaving the sector, says a Commission report, again
predicting a move away from commodities across the bloc.
Britain's dairy trade deficit grew again in 2005, highlighting that
the country is still too reliant on lower margin commodity goods,
leaving the domestic market exposed to foreign competition.
The FAO's predictions concerning commodity costs and production
show sustained high prices for milk and growing sugar consumption
in the developing world.
Rising commodity and ingredients prices continue to hit the global
food chain with US food giant Kraft the next in line to be hit by
price pressures suggesting that despite reasonable fourth quarter
figures, the soaring costs are...