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Food prices

Commodity prices have a knock-on effect throughout the food supply chain, from growers to the supermarket shelves. For formulators, the challenge is to reduce reliance on more expensive ingredients, but still deliver products that have the taste and texture consumers have come to expect.

US soybean prices rise on tight supply

07-May-2009 - US soybean prices have risen on fears of tightening supply and look set to rise further as South America has suffered severe drought and US planting has been delayed due to unfavorable weather.

Private label purchase trend runs deeper than recession

23-Apr-2009 - Almost every household in America buys private label foods but their success is not as tied to the current economic crisis as many might think, according to new research from The NPD Group.

Recession raises direct-to-vat cottage cheese culture sales

20-Apr-2009 - Chr. Hansen has said that sales of its direct-to-vat cottage cheese cultures have been boosted by the global recession, as manufacturers seek ways to raise productivity.

Frozen foods renaissance could continue after recession

10-Apr-2009 - As consumers tighten their belts, many are stocking up on cheaper, longer-lasting frozen foods, rather than buying fresh foods that could end up being wasted – and market researchers say this is set to continue.

Whole grain sales set to rise on ‘sound nutritional science’

02-Apr-2009 - Whole grain sales have risen as consumers have become more aware of their nutritional benefits, a trend that looks set to continue for at least the next five years, according to a new report from Packaged Facts.

Donated milk powder to provide boost for US dairy

27-Mar-2009 - US Secretary of Agriculture Tom Vilsack has announced that over 200m pounds of milk powder will be transferred to federal nutrition programs in an effort to stock food banks while benefiting stricken dairy farmers.

Cost-cutting consumers turn to cutting coupons

06-Mar-2009 - Consumers are increasingly cutting coupons to save money in the struggling economy, with redemption up ten percent in the last quarter of 2008 compared to the previous year, according to Inmar CMS Promotion Services.

Recession and melamine scandal hit US dairy exports

02-Mar-2009 - US dairy exports have been hit by lower global demand on the back of worldwide recession and the Chinese melamine scandal, according to a report from the Babcock Institute.

Bumper rice harvest will ease prices, says FAO

25-Feb-2009 - The rice shortages of last year look to be at an end, as farmers upped production this year to ease the tight supply situation, according to the latest market data from the Food and Agriculture Organization.

Peanuts at the ready for replacing recalled products

23-Feb-2009 - A glut of peanuts on the back of a bumper crop could come as a blessing for food manufacturers, providing a supply of peanuts for those who eventually wish to replace products that have been discarded.

Recession requires rethink as spending power shifts

10-Feb-2009 - Opportunities are emerging for food manufacturers to target the increasing number of lower income shoppers as the economy slows, according to a report from Information Resources Incorporated (IRI).

Recession is rebalancing organic supply-demand

09-Feb-2009 - The price of organic food ingredients is expected to fall in 2009, as the recession reduces demand for organics back in line with available supply, according to predictions from a specialist organic research firm.

Symrise introduces ‘market stable’ synthetic mint flavor range

05-Feb-2009 - Symrise has introduced a new line of synthetic mint flavors that it says offer a cost effective and market stable alternative to more expensive mint oils.

Obama and financial crisis drive new consumer values, says report

03-Feb-2009 - Food manufacturers need to better understand consumer tactics for dealing with the economic crisis and employ palatable strategies to answer to a fresh set of values, according to a report from Packaged Facts.

High quality tops consumer shopping list, say researchers

02-Feb-2009 - The market research organization The Hartman Group has released a report on emerging trends for the year ahead, with perception of high quality topping its predictions, despite economic uncertainty.

Counting on roasted chicory's local appeal

27-Jan-2009 - US-grown roasted chicory is not expected to rise in price when trade tariffs are lifted in March, says its sole US supplier, because the pull of locally-produced food remains strong.

Recession bites into Barry Callebaut chocolate sales

23-Jan-2009 - There is further evidence that the market for chocolate is not as recession proof as traditionally thought as Barry Callebaut sales in Europe saw a marked drop over Q1.

The depression diet

16-Jan-2009 - Experts predict that consumers will put on recession pounds by eating more unhealthy food to save money. But Dr Adam Drewnowski, director of the Center for Public Health Nutrition at the University of Washington, says nutrient-rich foods that were typically eaten during the depression are affordable alternatives.

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On Your Radar > Food prices

Food prices

Commodity prices have a knock-on effect throughout the food supply chain, from growers to the supermarket shelves. For formulators, the challenge is to reduce reliance on more expensive ingredients, but still deliver products that have the taste and texture consumers have come to expect.

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