Europe: latest news, insights and analysis | ESM Magazine

High Pasta Prices Set To Boil Over As Canada's Wheat Withers

Pasta lovers must brace to pay even higher prices for their favourite dish, as drought in Canada and bad weather in Europe damages crops of...

UK's Bunzl Expects Higher Annual Operating Profit As Own-Brand Demand Picks Up

British business supplies distributor Bunzl forecast a rise in full-year adjusted operating profit, betting on higher margins from its healthcare and hygie...

EU Cuts Cereal And Oilseed Crop Forecasts Again

The European Commission has further reduced its outlook for European Union production of major cereal and oilseed crops this season, with maize seeing the...

EU Crop Monitor Trims Yield Estimates, Warns Of Wheat Quality Damage

The European Union's crop monitoring service has reduced its forecast for this year's average EU soft wheat, maize and rapeseed yields for a third consecut...

Brazilian Meatpacker JBS Sees $450m Gain From Lower Grain Prices

JBS has forecast gains of $450 million (€411.8 million) this year related to lower grain prices, particularly corn, higher than guidance of $340 milli...

Revised EU Rules Recognise The Value Of Retail And Wholesale Alliances: EuroCommerce

Revised competition rules on cooperation agreements, which entered into force on 1 July 2023, provide the legal framework for retail and wholesale alliance...

Bunzl Flags Flat First-Half Underlying Revenue Growth

British business supplies distributor Bunzl has forecast that its first-half underlying revenue growth would be 'broadly flat', while for the full-year it...

Bunge, Viterra Merger Would Create Global Agriculture Trading Giant

A merger of US grains merchant Bunge Ltd with rival Viterra would grow the combined entity's businesses in the US, Brazil and Australia and may raise compe...