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On Your Radar > Food prices
Food prices
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Rising commodity prices are having a knock-on affecting throughout the food supply chain, from growers to the supermarket shelves. For formulators, the challenge is to reduce reliance on ingredients that now cost a lot, but still deliver products that have the taste and texture consumers have come to expect. |
Retailer responds to organic slowdown with price slash
08-Aug-2008 - UK supermarket Tesco has announced that it is drastically reducing the price of organic produce by up to 25 per cent, in response to feedback from consumers who are feeling the effects of the credit crunch.
Debate ignites over GM's role in aiding food crisis
20-Jun-2008 - Genetically modified (GM) crops could help address spiralling prices, said UK ministers, sparking yet another European debate on their role in the global food arena.
GM crops restrain price rises, says economist
17-Jun-2008 - The present food supply crisis would be worse if it were not for commercial cultivation of genetically modified (GM) crops over the last 12 years, claims a new economic report.
Adapt to survive continuing price crisis, says Deloitte
13-Jun-2008 - Rising food prices are not a short-term problem so food manufacturers must adapt accordingly, making wise strategic choices, strengthening innovation and streamlining operations, says a new report.
Organic market should remain resilient amid spiralling costs
12-Jun-2008 - The growing success of the organic market will be only slightly marred by soaring food prices, which are tightening consumers' purse strings across Europe, say industry experts.
Vegetable oil prices set to stay high, US warns
12-Jun-2008 - Vegetable oil prices are expected to remain high into the coming 2008/09 season as surging demand from the developing world outpaces production, predicts the US agriculture department.
Weekly comment
Food crisis: Time to stop the squabbling
09-Jun-2008 - Bickering gets you nowhere. It's a lesson to be learned early in life, but which seems easily forgotten when it comes to tough political issues like measures to curb the food crisis.
Rome Food Security Summit
Summit ends with call for more aid
06-Jun-2008 - The FAO food security summit concluded with a declaration calling for the international community to step up assistance to developing countries, but no decision is reached on biofuels policy.
Rome Food Security Summit
Boost production to ease the food crisis, says UN chief
04-Jun-2008 - Stepping up food production and ending trade restrictions could lift millions out of poverty while helping bring down soaring prices, said UN secretary-general Ban Ki-Moon.
Rome Food Security Summit
Hungry eyes look to Rome for answers
03-Jun-2008 - As world leaders gather in Rome for the first day of talks on food price escalation and, with luck, to settle on a common strategy to deal with the crisis, the FAO has put a price on eradicating hunger: $30bn.
Weekly comment
Yesterday's food complacency proves hard to swallow
02-Jun-2008 - For too long, the developed world has taken food for granted. For years, ample food stocks, a well-supplied export trade and rapidly rising agricultural productivity have confined food fears, in the west at least, to history and the memories of older generations.
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