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Trends > Food prices

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.

Global food prices drop to 6-year low

Dairy and vegetable oil price drops have led the FAO Food Price Index to its lowest level in six years.

FAO: Global food import costs to hit five-year low

Global food import costs are set to reach their lowest level in five years during 2015, even as volumes remain the same or rise slightly, according to the Food and...

'Tate & Lyle was caught sleeping at the wheel while we captured its market share,' claims Chinese rival

Sucralose demand continues to rise, but profit margins have fallen though the floor, says Tate & Lyle

For a long time, Tate & Lyle had the sucralose market to itself. It discovered it, patented it to the hilt, and perfected the process of producing it on an...

organic and non-gmo trends

Rise in organic imports signals opportunity for U.S. farmers, OTA says

Sharp increases in imported organic soy beans and corn to the U.S. in 2014 to feed the expanding organic dairy, poultry and livestock sectors is a “‘help wanted’ message for...

Mondelēz to bear costs in wheat futures manipulation charge

The U.S. Commodity Futures Trading Commission (CFTC) charged Mondelēz International and Kraft Foods for manipulation and attempted manipulation of the prices of cash wheat and...

Cardboard tray system slashes bakers' costs and could reduce retail bread prices

Replacing plastic trays with a cardboard system could allow US retailers to slash US bread prices while maintaining profit margins and lowering costs for manufacturers, says the maker of the...

Stagnant wage growth continues to restrict grocery purchases, IRI says

Consumers likely will not loosen their purse strings to fill their grocery carts with premium or unnecessary foods any time soon, even though gas prices, unemployment and inflation are down,...

Falling gas prices offer growth opportunity for private label

Tumbling gas prices that are lining consumers’ pockets with savings may provide an unexpected opportunity for private label to steal market share from national brands, rather than the other way...

Rabobank: Lower sugar prices set to continue in 2015

Global sugar prices are likely to remain low in 2015 as production looks set to continue at a similar level, according to Rabobank’s Q4 sugar report.

Restaurants will balance local and global in 2015

Restaurants in 2015 will act locally when it comes to sourcing ingredients, but think globally when incorporating flavors into new dishes, the National Restaurant Association’s annual What’s Hot culinary forecast...

Cocoa processing still a ‘three horse race’ after Olam’s ADM Cocoa buy: Analyst

Olam’s $1.3bn deal to acquire ADM Cocoa is likely to have little impact on the price of cocoa ingredients for chocolate makers because grinding capacity is still concentrated with three...

Supermarket loyalty cards are not delivering, says promotions expert

Whether supermarket loyalty cards actually drive loyalty, or provide retailers with killer consumer insights that give them a genuine competitive edge, has long been a source of debate. But the...

JK Sucralose: We agree with Tate & Lyle, the behavior of some sucralose manufacturers is ‘suicidal’

JK Sucralose - which claims to be the largest sucralose manufacturer in China - has weighed into the debate over sucralose pricing raised by market leader Tate & Lyle.

Pope Francis: Food has been reduced to a commodity

Market pre-eminence has reduced food to a commodity subject to financial speculation, Pope Francis told attendees at a major nutrition conference in Rome this morning.

Price increase drags down Smucker’s coffee sales

J.M. Smucker Company’s notable 9% list price increase on Folgers, Dunkin’ Donuts and other packaged coffees in the U.S. announced last June has finally caught up with the food maker,...

Tate & Lyle: We cannot see how we - or frankly anyone else - can make any money out of sucralose at these prices

Up until relatively recently, sucralose was a key profit driver at Tate & Lyle. But as the Chinese have added production capacity, CEO Javed Ahmed told analysts this week that...

Kraft’s earnings drop as it juggles price increases, higher commodity costs and revitalizing brands

Despite innovations to revitalize iconic brands and tap into emerging consumer desires, Kraft’s turnaround “remains a work in progress” as increased pricing to offset higher commodity costs slowed sales and...

Whole Foods ups sustainability ante with new ad campaign

Whole Foods Markets has decided to go big, with a national TV ad campaign that kicked off during a recent World Series game.  The message is one of “values,” talking...

With vegetarian forms at a 'crossroads,' A&B Ingredients launches new Pisane pea protein for baking applications

A&B Ingredients has introduced a new pea protein isolate to the US market to meet the demands for vegetarian forms with greater functionality, the company said. The new variety, called...

FAO World Food Day 2014: Family Farming

ABA chief: Farming infrastructure critically important for wheat

Farming infrastructure in the wheat sector is critically important for bakers but there are a number issues threatening it, says the president and CEO of the American Bakers Association.

Ingredion expands ingredients empire with $340m deal to buy Penford Corp

Sweeteners & starches giant Ingredion has expanded its ingredients empire with the acquisition of potato starch specialist Penford in a $340m deal that could close before the end of the...

Three-quarters of CPG promotions don’t break even, says Nielsen

It’s well-known that many CPG firms feel that they are not getting enough bang for their trade spending bucks. But a recent analysis by Nielsen reveals that most of them...

Annie’s/So Delicious deals just the beginning says corporate finance expert: CPG giants now eyeing up natural firms with revenues of $10-25m

While the jaw-dropping amount that General Mills paid for Annie’s ($820m) raised some eyebrows, it was “worth it”, says one corporate finance expert who says big CPG firms are increasingly...

Food Justice Certified label aims to verify fair treatment of farm laborers, others in food chain

After a years long pilot process, the new label Food Justice Certified is ready for market. The new designation aims to do what the USDA Organic Certification does not, and...

Sweetener competition sees Tate & Lyle issue second profit warning

Shares in Tate & Lyle fell by 17% as the food ingredients firm issued its second profits warning this year, blaming fierce competition in the sweetener market and supply problems...

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