A pre-close trading update from Associated British Foods, ahead of the release of half year results to March 5th 2022 due in late April, warns of continued increases in production costs and food price inflation. The group expects...
Vivergo
ABF warns on increased operating costs
A trading update from Associated British Foods covering the first 16 weeks of the current financial year shows revenues for its Agriculture (AB Agri) and Sugar (AB Sugar) divisions are up. But the group warns of...
Vivergo on track for New Year restart
A pre-close trading update from Associated British Foods ahead of its full year results due in early November, predicts growth for its Agriculture and Sugar divisions. The Group notes that AB Agri sales were “well ahead” of the...
AHDB pencils in 14.57m tonne 2021 wheat crop
Based on early crop condition reports, the AHDB estimates that wheat production in Great Britain from harvest 2021 could reach 14.57 million tonnes – considerably up on 2020’s poor figure of 9.61m tonnes and 6.6% higher than the five-year average of 13.67m tonnes. But...
Comment: Positive signs for UK cereal demand – if supplies are there
Three announcements over the last month concerning additional UK cereals processing capacity are good news for the grain and feed co-product sectors. But longer term, UK agricultural policy needs to ensure sufficient domestic supplies are available. The government...
Vivergo to reopen for September’s E10 rollout in UK
AB Sugar is to reopen its Vivergo wheat to bioethanol plant on Humberside. This follows the government decision to introduce the E10 road fuel grade - 10% bioethanol and 90% petrol - later this year, AB Sugar parent Associated British Foods (ABF) has announced in a...
