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Trends > Food prices

Food prices

Food prices

With memories of peak prices in 2007-8 still vivid, manufacturers must keep a close watch on commodity markets. Sudden shifts can have a massive, overnight impact on costs - and worsen food insecurity in developing countries.

CONFERENCE STRIVES TO 'DEFY CONVENTIONAL THINKING' ON WINE

Meet the Glitterati of the Wine World! Wine Vision 2014 in Pictures

Wine Vision 2014 brought together the glitterati of the wine world - including the likes of Moët-Hennessy Estates and Wine president and CEO - Jean-Guillaume Prats - to discuss issues...

Russian embargo: 21 states urge Commission to preserve agri reserve funds

Twenty-one member state agricultural ministers have urged the Commission not to cut agri budgets and called for extra emergency funds to help counter the Russian embargo on European food imports....

Global food price index shows signs of stability, says FAO

The FAO's monthly food price index was largely stable in October, as increasing prices for sugar and vegetable oil were offset by declines in dairy and meat.

French trade dispute dents Mondelēz Q3 earnings

Mondelēz International third-quarter earnings fell 11% compared to last year due to disputes with French retailers over wholesale pricing changes and 'soft' developed market demand.

Q3 sales up, profits down as Natra feels cocoa pricing pain

Year-on-year Q3 EBITDA profits dipped 9.2% to €5.73m at Spanish cocoa and chocolate and specialist Natra as ongoing cocoa price hikes hit even as quarter revenues rose 5.2% to €89.93m.

Sugar policy shake-up to squeeze cane producing countries

The Fairtrade Foundation has urged food companies and retailers to choose Fairtrade sugar, amid concerns that a sugar price slump and CAP reforms could push thousands of workers into poverty.

Truffles: Can and should they become a mainstream ingredient for everyday products?

Truffles can be brought to a wider population without sacrificing their exclusive appeal, though price remains a factor, according to one supplier of truffles for crisps. 

Food prices would rocket if pesticides banned

Food prices would rocket if pesticides were banned or their use severely restricted, according to the National Farmers Union (NFU); a claim hotly disputed by environmental pressure group Friends of the...

What’s top on the Commission’s food forum agenda?

The impact of ‘sin taxes’ on competitiveness and consumption habits, food prices, and sustainability were the key points on the agenda for the European Commission’s High Level Forum for a...

Isoglucose market still faces hurdles in Europe

European appetite for isoglucose is still uncertain – despite the impending end to quotas.

Nestlé CEO on missed target: ‘Usain Bolt doesn’t always run 100 metres in the same time either’

Nestlé’s share price fell 2.9% in early trading this morning as nine-month sales growth missed objectives.

Six turrón ‘nougat’ firms investigated for market rigging in Spain

Spanish authorities have opened disciplinary proceedings against possible anti-competitive practices of half a dozen manufacturers of the country’s traditional almond candy turrón.

Ebola outbreak threatens West African food security with severe inflation and labour shortages: FAO

The UN’s Food and Agriculture Organisation (FAO) has launched an appeal for $30m (€23,72m) to support food supply resilience and recovery in the three African countries most affected by the Ebola...

HOW SHOULD WINERIES TWEAK PRICES TO OPTIMIZE PROFITS?

Winning in US wine: Pricing to maximize profit, avoid brand equity erosion

The price of a bottle of wine has a critical impact on the positioning and profitability of a wine brand but marketers are often unsure when they should tweak price...

Show us proof there aren’t slaves in your supply chain, UK gov tells big firms

The UK government wants big businesses to present annual evidence of the actions they have taken to ensure their supply chains are slavery free.

Government policies should pass an ‘obesity test’

All new UK government policies should be considered in the context of rising obesity rates in an effort to reverse the trend, urges a report from independent think tank 2020health.

Food prices stable – but meat prices at record high

Meat prices are at an historic high – despite international food markets being more stable than they have been in years, according to the Food and Agriculture Organisation’s latest Food...

European Council declassifies TTIP trade negotiation document

The Council of the European Union has published the negotiating directives for EU-US trade talks (TTIP) after months of criticism from NGOs and campaigners over an alleged lack of transparency.

Price gap between ‘healthy’ and ‘unhealthy’ foods is growing wider

The gap in price between cheaper unhealthy foods and more expensive but healthier options has grown significantly wider over the last ten years, say researchers.

National initiative inspires CCE Sweden to cut carbon emissions by two-thirds in 6 years

A cross-sector business initiative in Sweden is raising the bar internationally in the drive to reduce carbon emissions, with Coca-Cola Enterprises (CCE) Sweden reporting an emissions cut of 66% in...

Tata Global Beverages, Taylors of Harrogate, and Typhoo support Assam programme

Tea giants join partnership to tackle child exploitation in Indian tea communities

Tea companies have partnered with UNICEF and the Ethical Tea Partnership (ETP) to tackle child exploitation in Indian tea communities.  

UK food and drink companies see margins ‘flatline’

The largest food and beverage companies in the UK have seen average margins flatline at 5.2% over the past two years, according to research from OC&C Strategy Consultants.

Morocco’s argan oil story: Feminism, food and encroaching deserts

The Moroccan government and export markets are finally sitting up and paying attention to the country's argan oil production, according to the founder of a network of all-female co-operatives....

Turning emotions in to actions: Why do consumers spend more on ethical products?

Ethical consumption, and consumer willingness to pay more for ethical products, is motivated by a need to turn emotions about unethical practices into action, say researchers.

Oxfam calls for greater controls on huge agri public–private partnerships

The increasing trend towards government investment partnerships with large multinationals threatens land rights, equality and the environment in Africa, an Oxfam report warns.

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