Donald Trump's war on Iran could cause UK food prices to surge due to the soaring cost of fuel and fertiliser as the Strait of Hormuz the narrow sea passage south of Iran remains effectively impassable. The blockade on fossil fuels through the strait is driving a spike in the cost of nitrogen and phosphate fertilisers used for growing cereals and vegetables.
Total wheat area is expected to dip 1.1% to 26.7 million acres in Canada. I have been hearing many growers say they like the idea of wheat's low input requirements, but market fundamentals are giving them pause when it comes to aggressively increasing acres.
Global Product Prices puts Brazilian chicken at $1.67 per kilo - roughly 76 cents per pound. Compare that to data from the Federal Reserve Bank of St. Louis that currently shows pricing of about $4 per pound in the U.S., and you're looking at quite the difference.
Last August, on a hurried stretch of East 18th Street in Antioch, 20 acres of ancient grapevines seemed to vanish overnight. Once part of the historic Evangelho Vineyard, the parcel was sold off in the 1950s, changing hands several times before Rockefeller Construction acquired it last year. Morgan Twain-Peterson of Sonoma's Bedrock Wine Co. was crushed, but not surprised. In Contra Costa County, where rows of centuries-old grapevines are often sandwiched between gas stations and convenience stores, the sense of impending loss is palpable.
A convoy of farmers have set off from south west France heading for Paris with the intention of staging a protest in the capital. The convoy of around 40 tractors set off on Tuesday morning from Cancon in south-west France, with the intention of going to Paris to stage a protest. By Tuesday afternoon organisers said they had "crossed the River Loire" and were heading into northern France - although it is not clear when, or if, they will arrive in Paris.
Almond growers across Central California are facing a significant rat infestation affecting over 100,000 acres of orchards, resulting in severe economic hardship and extensive damage.
âThe demand for pistachio chocolate bars has completely eclipsed our expectations,â said Charles Jandreau of Prestat Group, emphasizing the unexpected impact of social media on luxury chocolate sales.
