Markets

Rising corn prices are set to put pressure on the food industry

Upward pressure on UK food prices on horizon

By Rod Addy

Upward pressure on UK food prices is around the corner, driven by global forces such as rocketing corn prices and the knock-on effect on animal feed, according to Clive Black, analyst at Shore Capital.

USDA predicts record corn harvest

USDA predicts record corn harvest

By Caroline Scott-Thomas

The US Department of Agriculture (USDA) has predicted a record corn harvest in 2012-13, potentially easing cost pressures on food manufacturers by the end of the calendar year.

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