The palm oil labelling bill in Australia is entering its next phase, with the House of Representatives set to vote on whether it becomes law – and the current government saying it intends to oppose it.
The European Commission will consider boosting the availability of sugar at its next tonnage tender meeting on August 25 after sharp rises in prices and calls from food manufacturers for it to increase sugar quotas or abandon them.
The US Department of Agriculture (USDA) has set the 2011-2012 sugar tariff rate quota and allowed extra specialty sugar to be made available from August 5, in response to increased demand for organic sugar.
Confectionery manufacturers in Germany are faced with sugar supply gaps and dramatic price rises despite EU regulatory intervention on the crucial food ingredient, argues the German chocolate and confectionery industry association.
European Commission measures to open a further 200,000 tonne import quota for raw or refined sugar at zero import duty and the possibility for further imports at reduced import duty via a tendering system have been backed by member states.
The deficit in the EU sugar supply could put production at risk for confectioners and other food and drink industry users of the commodity if market intervention does not occur, said Irish trade body FDII, who are calling on the EC to keep out-of-quota...
Leading maker of bulk chocolate, Barry Callebaut, has bought and exported the cocoa beans it needs to fulfill its processing needs, said a company spokesperson in reaction to the suspension of Ivory Coast exports.
Archer Daniel Midlands (ADM) has said it is now the 100 percent owner of Golden Peanut Company after it acquired all outstanding stock from Alimenta (USA), from Alimenta S.A, an international trading company based in Switzerland.
The leading traders of physical raw sugar claim that the commodity is likely to surge to a 30-year high in the coming months, with all eyes on the pending Indian sugar crop output which is hoped will ease supply pressures.
A new 20 percent tariff on American chocolate and gum being shipped into Mexico has prompted an outcry from US confectioners, as the Mexican government has introduced a raft of new tariffs on American products.
The US Department of Agriculture (USDA) has set sugar import tariff-rate quotas for the 2011 fiscal year – including extra specialty sugar “to accommodate a rapidly expanding organic food sector”, USDA said.
A global initiative to set an internationally-recognised standard for melamine in foods could harmonise efforts to detect future contamination and avoid unwanted trade barriers, said food safety officials.
The Sugar Policy Alliance has renewed its call for Congress to revise sugar policy as strict import quotas have reduced the availability of refined sugar, thereby inflating prices, the organization says.
Food and agricultural consultancy Promar has added its voice to those calling on government to raise sugar import quotas, saying that uncertain supplies lock in high costs for manufacturers and consumers.
This week, Campari reportedly mulls expanding its global spirits
operations, Baltika pledges to step up exports to
Spain, and Ball Packaging adopts an innovative new printing
system for its beverage cans.
The UK National Farmer's Union (NFU) said yesterday it is
considering legal action after UK body Defra revealed it was
planning to re-open negotiations on how much compensation sugar
growers could receive.
Still in its initial stages of implementation, the EU sugar reform
effort appears dogged by problems - a significant quota cut in the
last few months left producers scrambling to keep up while
non-members seeking a stable trading...
Exporters are being urged to consider UK wheat after its
suitability for all types of baking was demonstrated at this year's
International Bread Baking workshop organised by the Home Grown
Cereals Authority (HGCA).
If the Chinese government gives in to mounting international
pressure to revalue its currency, it could spell the end of cheap
exports, a move that many anticipate would have a knock-on effect
on raw materials costs for the food industry....