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UK food production costs fall for first time since 2016: Lloyds

British food manufacturers reported the first drop in their production costs since 2016 in May as lower commodity and energy prices and cheaper shipping outweighed a jump in wage bills, a Lloyds Bank report showed on Tuesday. ....

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Fertiliser maker Omnia's annual profit up 10%

South African-based crop nutrient manufacturer Omnia Holdings on Monday proposed a share buyback after strong cash generation in the year ended March 2023, driven by high fertilizer and mine explosive prices. ....

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Exclusive: Mondelez 'singled out' in boycott over Russia business, exec says

The company's European president said in a memo that the Milka chocolate bar-maker was being "treated differently" from rival companies that are also continuing to sell food and drinks in Russia. Boycotts against Mondelez began last week in Sweden and Norway. ....

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Breadbasket Brazil to stock up on food citing inflation concerns - agency

Top food producer Brazil will start stocking up on food staples, a government agency said on Thursday, as the leftist administration of President Luiz Inacio Lula da Silva makes good on last year's campaign trail promise to curb food inflation. ....

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