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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.

‘No deal’ Brexit could hike food prices by a third: BRC

The British Retail Consortium (BRC), an industry body representing UK retailers, has warned that British shoppers could pay as much as one-third more for “everyday food items” in the event...

Microplastics found in food and water: Food scare or perfectly safe?

The European Food Safety Authority (EFSA) has played down renewed fears that microplastic fibres, found in everything from sea salt and honey to tap water, pose a potential food safety...

Commission urges UK to recognise geographical indications post-Brexit

The European Commission has called on the UK to guarantee the protected status of food products that have been registered with the EU’s geographical indications (GIs) after Brexit.

How food makers can build trust in the food chain

UK consumers place less trust in the food chain today than they did five years ago: How can the food sector reverse this trend?

Fleury Michon eyes improved innovation, competitiveness

French food manufacturer Fleury Michon aims to strengthen its innovation processes and improve competitiveness through a reorganisation programme that it also hopes will boost profitability.

Sweden probes competition in food chain

The Swedish government is launching a probe into competition in the grocery supply chain as part of a national strategy to boost the competitiveness of the country’s food sector.

Cocoa prices to stay low in short term even as chocolate markets are ‘strong’

Cocoa prices are expected to remain fairly flat until Q1 2018 even as the world’s largest chocolate market, the US, is growing, according to Rabobank.

Italy introduces country of origin labels for pasta and rice

Rice and pasta products on sale in Italy will be required to carry country of origin labels from February.

Nestlé defends new Whip chocolates for not including walnut

Nestlé says the Walnut Whip with a walnut will remain on sale alongside its new vanilla, caramel and mint versions without a walnut in the UK and Ireland. 

EC wants to build a ‘fairer food supply chain’

The European Commission is launching a public consultation on how Europe’s food supply chain can be made “fairer”.

Chlorine chicken and unpredictable food prices: The true cost of Brexit?

Tariff and exchange rate uncertainties after Brexit could expose the UK to “considerable and unpredictable” changes in food prices as well as previously banned practices such as chlorine-washed chicken, a think tank...

Danone announces H1 results and shuffles reporting criteria

The reorganization of Danone is central to Danone’s half-year results, which were announced today.

ONS recognises “shrinkflation” as reason for smaller (but not cheaper) chocolates

Servings of confectionery, fruit juice and biscuits are getting smaller without getting any cheaper, the UK government confirm as findings appear to strengthen what many consumers have long suspected.

Premier Foods first quarter sales dip, despite good growth from Cadbury cakes

Mr Kipling maker Premier Foods’ reported a 3.1% sales dip in 2017 Q1 as warmer weather negatively affected winter favorites like Bisto and Oxo, but this was offset by bigger...

Slovakian prime minister considers import restrictions to tackle dual quality food

The Slovakian prime minister has warned of import restrictions its country would take in response to the quality of products sold in the region. 

Brexit could mean 'less safe and nutritious products,' report warns

Exiting the European Union presents serious risks to businesses and workers in the food sector, a briefing paper has stated as it warns of a future of “less safe and...

EU agricultural outlook sees cereals dip but quota-free sugar surge

Cereal production in the EU is likely to dip in the short-term, as heatwaves and drought in various regions have a bearing on EU exports and on existing stocks, the...

Trade, skills and innovation have ‘untapped export potential,’ says FDF report

Improving the UK's efforts in trade, skills development and innovation are key recommendations in a Food and Drink Federation (FDF) - commissioned report that outlines ways to boost the country’s 2.2% share of the global...

EU pledges further €70 million for fruit farmers hit by Russia ban

Existing measures designed to aid fruit producers affected by the Russian import ban are to be extended by a further year until the end of June 2018.

Estonia gives green light to tax sugared soft drinks

The Estonian Parliament are to introduce a levy to limit the consumption of sugar-sweetened soft drinks to try to rein in rising cases of obesity, type 2 diabetes, heart disease...

Foreign Trade Association announces name change for 2018

To coincide with its new strategy for the future, the Foreign Trade Association (FTA) announces it will change its corporate name to Amfori in January 2018.

New €7 m project aims to ensure all European aquaculture businesses are sustainable and competitive

A new research project, funded by the European Commission, is hoping to create a more innovative, sustainable and competitive space for aquaculture businesses.

What are the best flours to use in gluten-free bread? Study evaluates contenders

The effects of different flours, including chickpea, chestnut and tiger nut, on gluten-free bread have been examined with results suggesting tiger nut flour could be a winner.

Has Europe experienced a diet revolution? Mintel thinks so

The free-from market has grown considerably in the last few years and data is not showing a slow in interest, according to Mintel.

Cargill and Olam backing in FReSH momentum to address food challenges

The ‘Food Reform for Sustainability and Health’ program is to welcome 10 new members to its ranks as industry support gathers momentum in achieving sustainable change in global food systems.

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