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Months of torrential rain has left UK millers in a soggy situation, with a waterlogged wheat harvest predicted to be down by 30%, which could force millers to rely on imports and ultimately spike the price of bread.
Inextricably connected to transitioning energy markets, commodities markets will remain volatile – and could be a "catalyst" for change, says McKinsey's Roland Rechtsteiner.
The talk of a potential mega-deal between BHP and London-listed miner Anglo American had the mining world’s attention this week, and it seems to have attracted the attention of activist investor Elliott Investment Management
The food industry is – unsurprisingly – responsible for 26% of the global CO2-eq emissions [Poore & Nemecek 2018: UN FAO; UN AQUASTAT; Bar-On, et al]. However, compared to other processed food, bread and bakery products have a relatively low impact – so how can the sector reach net zero?
According to Geojit, Erratic weather in the crop year 2023-24 (Jul-Jun) has prompted the Department of Food and Public Distribution to relax the uniform specification of wheat for procurement in Rajasthan and Madhya Pradesh for the 2024-25 (Jul-Jun) rabi marketing season.