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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.

Ireland launches national obesity plan

The Irish government has launched an ambitious national obesity plan which proposes a sugary drinks tax, maximum portion sizes, marketing restrictions and reformulation targets - but the lack of funding...

Good-quality crop and French woes set to boost exports of British wheat

UK milling wheat is set to benefit from a good-quality harvest – and strong demand from Europe as the French crop falls to a 10-year low.

'Win the screen': Mondelēz global e-commerce director shares online retail tips

Online impulse purchasing is about knowing your shoppers and making an offer that “would speak to them at exactly the moment that they’re on that webpage," says Mondelēz’s global e-commerce director, Neil...

Millennials are behind Europe’s online retail boom, says Mintel

Young Europeans are fuelling the growth in online grocery shopping across Europe, according to new data from Mintel.

Sin taxes work while stealth reformulation success still ‘anecdotal’, says study

Sugar taxes show evidence of working across all socioeconomic classes while stealth reformulation’s effect on obesity is largely anecdotal, says Professor Barry Popkin.

News in brief

Russia adds salt to list of embargoed foods

Russia has added salt to its list of banned products from the EU and other countries.

Manufacturers dismiss Italy's 'wheat war'

Low prices and cheap imports are hitting Italian wheat producers who are declaring 'a wheat war' while MEPs are calling for the Commission to act. But Italy simply cannot produce enough...

Ireland calls for ‘fully Brexit-proofed’ budget with thousands of food jobs at stake

The Irish food industry has called for a “fully Brexit-proofed” budget, fearing thousands of jobs could be threatened if the government does not take urgent action.

World food prices hit 15-month high: FAO

Food prices for all global commodities rose in the past month apart from cereals, according to the UN’s Food and Agriculture Organisation (FAO).

Sunshine breaks through Brexit clouds as industry gears up for growth

Who said Brexit would break the UK economy and the sugar tax on soft drinks is bad for business? 95% of food and drink firms are forecasting growth, according to...

Ireland ponders sugary drinks tax

A tax on sugary drinks is being considered by the Irish government as part of the upcoming budget, a measure condemned by the Irish Beverage Council (IBC) as “costly political...

Commission stands firm on tax crackdown following US threat of retaliation

The European Commission is standing firm on its EU-wide investigation into member state tax schemes, despite a threat of retaliation from the US government.

France calls for an end to TTIP talks

The French trade minister said yesterday France wants to end TTIP negotiations, his German counterpart has said the talks have “de facto failed” and the deal’s biggest supporter, Britain, has...

British exports to non-EU countries 'beyond expectations': FDF

British food and drink exports were up 6.2% in the first half of 2016 thanks to a weak pound while exports to non-EU countries grew “beyond expectations” in the pre-Brexit period, says the Food and Drink...

FoodProfiler: The NPD app that tracks the 'what, when and why' of consumer food choices

The launch of Dutch app FoodProfiler marks a new method in tracking consumer eating habits, and can be used by industry to tailor new product development (NPD), say its developers....

Scotland launches food fraud hotline and warns Brexit could encourage criminals

Food Standards Scotland (FSS) has launched a new food fraud hotline to help regulators and police tackle criminal activity in the supply chain, as well as protect the food sector’s...

EU food and drink production rises in Q1 2016

Food and drink production in Europe increased by a modest 0.5% in Q1 2016, bucking the downward trend of the previous quarter, according to data from industry group, FoodDrinkEurope.

UK shoppers will spend more for fairer groceries: Survey

UK shoppers would pay more for groceries in the knowledge producers were getting a better deal, a new survey suggests. 

South America & Africa biggest growth risks for palm oil - but upping market initiatives could curb deforestation

Voluntary market initiatives from the largest buyers and sellers of palm oil could help curb deforestation linked to the crop, researchers say, noting South America and Africa are most at...

How will milk drinks be affected by UK sugar tax?

Milk-based drinks are to be excluded from the UK sugar tax, given their nutritional value. And yet some milk-based drinks contain considerable amounts of added sugar. So how can the...

Baby food and probiotics driving expectations for a €1.7bn colostrum market within the decade

The global colostrum market is expected to hit a valuation upwards of €1.7bn ($1.9bn) by 2026 with baby food and probiotics leading the way, analysts predict.

Africa and Asia set to become UK’s biggest suppliers in wake of Brexit

Africa and Asia could take the EU’s place as exporters of fruit and veg for the UK following Brexit, retailers say.

Confectionery industry open to pan-EU 250 calorie cap per portion

Nestlé, Mars and Mondelēz are willing to discuss setting an industry-wide 250 kcal limit on confectionery portions across Europe.

EU Commission raises concerns over Dow DuPont merger

The European Commission says it has opened an investigation to see if the proposed merger of Dow and DuPont is in line with the EU Merger Regulation.

Mexico’s unhealthy eating tax one year on: reduced sugar spending and potential EU implications

Mexican shoppers bought less calorific and sugary foods in the year after the ‘sugar tax’ was introduced, say researchers.

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