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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. |
02-Jun-2008 - A three-pronged approach including stepping up scientific research and embracing innovative technology will help combat new food challenges, says US secretary of agriculture, Ed Schafer.
29-May-2008 - Speculators outside of the food industry pouring money into financial mechanisms in the commodity markets could be cause for concern, says the UN's Food & Agriculture Organisation (FAO).
29-May-2008 - Rising commodity costs could result in permanent structural changes for the American food industry, said international ratings agency Fitch.
20-May-2008 - Cost pressures continue for food makers as recent prices from the futures market reflect volatility in prices for wheat, soybeans and maize.