News for the baking industry
Sydney / AU. (fs) While the performance benefits of enzymes are increasingly being acknowledged by food product manufacturers, enzyme suppliers still have to contend with price pressure and intense competition while at the same time delivering quality customised solutions and service, Frost + Sullivan says.
Rome / IT. (fao) FAO, the UN Food and Agriculture Organization is urging governments and the international community to implement immediate measures in support of poor countries hit hard by dramatic food price increases.
New Delhi / IN. (wib) India´s government is planning to improve the production of wheat, rice and pulses in the Eleventh Five Year Plan, Agriculture Minister Sharad Pawar said. The government has set a target of additional production of ten million tonnes of rice, eight million tonnes of wheat and two million tonnes of pulses.
Cambridge / UK. (cg) J. Sainsbury PLC will be the first UK supermarket to use flour from guaranteed traceable UK farms for its 360 in-store bakeries. The flour will be sourced by a farmer owned cooperative and confirms Sainsbury´s long-standing commitment to British farmers.
Adelaide / AU. (abb) Australia´s leading agricultural company ABB Grain Limited announced a net profit after tax of 7,3 million Australian Dollar (AUD) for the full year ending 30 September, which is consistent with ABB´s recent profit revision.
Brussels / BE. (eu) The European Commission unveiled its blueprint for streamlining and further modernising the European Union´s Common Agricultural Policy. The so-called «Health Check» of the CAP will build on the approach which began with the 2003 reforms.
Seoul / KR. (kt) Grain stocks worldwide are expected to fall to their lowest level in 35 years in 2008, raising concerns that the economy will be hit by a double whammy of soaring grain and oil prices. The Korea Rural Economic Institute reported that the lowest level of grain stocks points to higher prices next year.
Beijing / CN. (xinhua) China, the world´s most populous nation, will remain 95 percent self-sufficient in grain in the future by expanding both output and reserves, said an official with the Development and Reform Commission, China´s top economic planning agency.
London / UK. (hgca) The final 2007 HGCA (Home-Grown Cereals Authority) Cereals Quality Survey results confirm a decrease in quality compared to last season. Average Hagberg, protein content, specific weight and moisture content are lower than last year.
Sao Paulo / BR. (ccab) This year, Brazil harvested 1,5 million tonnes of sorghum. The volume also includes a variety that originated in Sudan – reports «CCAB», the Arab-Brazilian Chamber of Commerce.
