Prices for New Zealand's main commodities fell to their lowest level in 11 months in May, driven by a broad based fall in prices, notably for dairy produce, ANZ Bank's commodity price index showed on Wednesday.
The World Cup is set to generate an estimated £508 million in supermarket sales if England succeeds in passing the group stage, according to a new survey.
Yunfeng and CITIC PE, a unit of China's CITIC Group Corp , will buy 60 percent of Inner Mongolia Yili Livestock Development Co Ltd, Inner Mongolia Yili Industrial said.
Wal-Mart Stores Inc appointed Gregory Penner as vice chairman, showing again that the world's largest retailer is looking at younger executives to revive its fortunes.
Improved production and supply outlook for most commodities stifled increases in international prices for most commodities in the FAO Food Price Index for May.
The British Supermarket Chain Asda has announced that it will store 50,000 Golden Delicious apples within caves in the Italian Alps in an effort to reduce its carbon footprint.
Dutch retailer Royal Ahold NV said today it will cut 210 posts to streamline the functions at its head office as part of what it described as its "simplicity program".
FMI Connect 2014 is the new, annual FMI Show, where the entire food retail industry comes together - 15,000 retailers, wholesalers and suppliers from every channel of the food retail business.
Indian purchases of wheat from local farmers are set to climb at least 8 percent this year, bolstering government stocks against forecasts of below-average monsoon rains and the specter of a possible El Nino weather pattern.
Britain's No. 4 grocer Wm Morrisons will announce a management restructuring in its stores within weeks that could mean losses of up to 2,000 jobs, the Guardian newspaper reported on Thursday, citing sources.
Global food prices fell in May for the second consecutive month as lower dairy, cereal and vegetable oil prices counteracted rising sugar and firm meat prices, the United Nations Food Agency said on Thursday.
European wheat futures took a breather on Tuesday after hitting a three-month low the previous day, but improving conditions for US crops and a fall in the Chicago grains market maintained selling pressure.
