Food prices to soar 10%
Posted by
Loyola
Aug 2 '10, 08:01
|
"Sharp rises in the cost of animal feed � the first link in the food chain � are sending shockwaves through the industry, The Grocer magazine reported.
BOCM Pauls, the Uk�s biggest animal-feed supplier, reported a 20 per cent increase in the price of raw material feed on last year, following a 30 per cent jump in feed-wheat costs.
Commodity experts from Russia have also announced that the country�s wheat exports could almost halve because of a drought"
|
Responses:
|