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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.

Fairtrade International Annual Report 2015 - 2016: Significant growth in sales of coffee, banana, cocoa

Last year, 1.6 million Fairtrade farmers and workers across 75 countries benefited from an estimated €138 million (approx. US $155 million) in a Fairtrade premium, according to Fairtrade International.

Berkeley ‘soda tax’ linked to 21% drop in sugary beverage consumption, study finds

Within months of enacting Berkeley’s controversial “soda tax” and the corresponding public awareness campaign on the health risks of sugar-sweetened beverages, consumption of the drinks in the California city dropped...

Brexit Briefings: Interview

What are Britain's post-Brexit options and how will it impact industry?

Rising food prices, watered-down safety standards, food law dictated by big businesses and a disastrous impact on public health. Professor in food policy Tim Lang looks at the options of...

USDA expands insurance for farmers transitioning to organic production

The financially daunting three-year transition to certified organic production just became a little less risky for farmers thanks the USDA expanding crop insurance to better reflect the product’s actual value....

Avoid alienating consumers when going non-GMO by maintaining price & taste, says San-J

Becoming non-GMO certified can help brands attract new consumers and boost sales, but it also could alienate existing shoppers if manufacturers are not careful, cautions Asian sauce maker San-J.

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.

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