The collapse of the Black Sea grain could deal re-ignite food price volatility in Europe and plunge food consumers in dependent countries into food shortages, it has been warned.
Russia’s ongoing invasion of Ukraine is taking a toll on major CPG companies, including PepisCo and Mondelez, both of which reported a hit to annual profits yesterday due to restricted production and sales in the countries and surrounding area as well...
With supplies from Ukraine and Russia – which together accounted for 15.3% of global corn exports in 2020/21 - in jeopardy, “the world now turns to Brazil and the US for corn, and prices will rise,” says Rabobank, which notes that prices are already trading...
Popchips has unveiled a new look and two new flavors - Fiery Buffalo and Fully Loaded – that it says will help the ‘popped, never fried’ brand showcase its strong taste and ‘crave-worthy’ credentials. It has also ditched some brand extensions to focus...
Even if the conflict in Ukraine were to end tomorrow, the impact on the global food supply chain could last for months, if not years, say analysts at Mintec, while Rabobank predicts “national average farm prices in the US over the next decade will remain...
Western food companies are responding to the invasion of Ukraine by ramping up support for those facing Russian aggression. But what is their moral obligation when it comes to operations in Russia?
Coca-Cola is the latest major global food and beverage giant to suspend operations in Russia as an act of protest against the Russian invasion and continued attack on Ukraine and follows similar announcements made by PepsiCo, Starbucks, and McDonald's....
The Swiss food giant is restarting some of its operations in Ukraine in order to support the delivery of essential food and beverages to those who remain in the country.
Buyers of US wheat and other grain commodities could find themselves in a “Katy bar the door” moment if growing conditions in the Midwest don’t improve and if buyers who typically source from Russia and Ukraine are forced by the escalating war to find...
The food industry, already grappling with high inflation, supply chain constraints and transportation challenges related to the pandemic, could see surging prices of key commodities, fuel and energy following what chief of the NATO alliance described...
Russia marked the one year anniversary of its import ban on Western food by defying a storm of criticism from within and launching a controversial campaign to destroy tonnes of smuggled food.
The Russian Prime Minister Dmitry Medvedev has announced a complete ban on the import of beef, pork, fruit, poultry, cheeses and milk from the EU, US, Australia, Canada and Norway, according to Russian media.
It’s too early to predict the impact of huge rises in wheat prices on European flour products such as bread and biscuits, according to the National Association of British & Irish Millers.
As Chr Hansen marks ten years of activity in Russia, regional director Jacob Paulsen explains how the market has changed and offers some advice for anyone exploring opportunities there today.
“Food is a weapon – don’t waste it.” This message, which featured on a Second World War poster issued by the US Office of War Information in 1943, is a lesson from history we would do well to heed.
Russian healthy food producers Wimm-Bill-Dann has increased its
presence by taking over a dairy producer in Georgia, which will
help supply markets in Armenia and Azerbaijan.
Danish ingredients giant Chr Hansen, currently on its 'magical
sensory tour' across Eastern Europe, has unveiled new products in
Russia to inspire local manufacturers, Angela Drujinina
reports.
Supply problems in Asia - mostly as a result of the political and
economic fallout of December's devastating tidal wave - have not as
yet hit prices for key herbs and spices imported into Russia,
according to the company Vremea....
Russian authorities are set to readmit Polish dairy exports,
according to unconfirmed reports appearing in the Polish press last
week, but will this be enough to satisfy overseas investors?
asks Tom Armitage.
Russian fish consumption is rising as consumers turn to healthier,
safer and cheaper alternatives to meat, but with good quality fish
products hard to come by in some parts of the vast country, a new
fish sausage formula created by...