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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.

US deal will flood UK market with food people don’t want, warns respected academic

A trade deal with the US will give “the majority of the UK public food they don’t want” as well as open “a very new can of worms” in terms of food fraud, according to...

Kraft Heinz drops Unilever bid but are other UK firms 'sitting ducks' for post-Brexit takeovers?

Unilever shares have plummeted as Kraft Heinz drops its multi-billion dollar merger bid -  but with the sterling weakened by Brexit, smaller firms are "sitting ducks" for foreign takeovers, UK politicians...

BREAKING NEWS

Unilever rejects $143bn Kraft-Heinz mega-merger bid

Dutch-Anglo food giant Unilever has rejected a $143bn (€134bn) merger proposal from US company Kraft Heinz as being too low.

Romanian & Hungarian local food laws breach EU single market : Commission

Romania and Hungary's laws on promoting domestic food over imports are in breach of EU law, according to the Commission which has launched infringement proceedings against both countries.

Coca-Cola HBC reports good growth led by Nigeria and Romania

Coca-Cola Hellenic Bottling Company (HBC), a bottler of The Coca-Cola Company, has reported its financial results for the full year ended 31, December 2016.

EU Parliament passes CETA trade deal

MEPs have voted in favour of the Comprehensive Economic and Trade Agreement (CETA) between the EU and Canada in Strasbourg today with 408 votes in favour and 254 against.

Final push: Commission promotes CETA ahead of vote

As EU politicians prepare to vote on the Comprehensive Economic and Trade Agreement (CETA) with Canada this week, the Commission has launched an interactive guide to show Europeans how it would...

Instagram could be fuelling food waste epidemic, study says

Millennials’ 'live to eat' mentality could be one of the reasons why household food waste is higher than ever, according to a survey commissioned by UK supermarket Sainsbury’s, yet the report...

Brexit will be sweet for cane and beet, says British sugar industry

Brexit’s impact on the food industry remains speculation, but one British market feels the outcome of the UK’s impending departure will be sweet: the sugar industry.

A ‘sustainable food pact’ between industry and government is the only way to save UK farms: Green Alliance

Efforts to drive food prices down and increase production have resulted in major degradation of UK farmlands, and Brexit may be a golden opportunity to restore health to British agriculture...

Food insecurity may hinder children’s mental and physical development: Review

Unreliable access to affordable, nutritious food has a significant bearing on a child's behaviour, academic performance and emotional well-being, a review has determined.

Could Brexit trigger a race to the bottom for Britain's food safety & quality?

As the UK government's white paper on Brexit calls for "frictionless trade", the National Farmers' Union has spoken out in favour of a level playing field with new trade partners,...

Smarter than a sweetener? Flavour modifier matches sugar's mouthfeel & sweetness

OmegaSweet is a natural, flavour-modifying ingredient that not only replaces sugar's sweetness but mimics its mouthfeel in beverages - a smarter way to reduce sugar ahead of the UK's sugar tax, says the...

Playing with portions and price: Manufacturers need to 'downsize smartly', says researcher

For consumers, higher prices are fair game but smaller portions are not, says one food marketing researcher who is urging manufacturers to downsize smartly: "Some food companies act as if they...

Portugal to trial origin labelling for milk

Portugal will go ahead with compulsory origin labelling on milk, cheese and other dairy products, the country's minister for agriculture confirmed this week.

Pressure and confusion builds over free range egg labelling

Poultry in Europe is being kept indoors to prevent the spread of bird flu, after 12 weeks all hens will no longer be free range; what, if anything, can the...

Trade MEPs give green light to Canada-EU trade deal CETA

The EU Trade Committee (INTA) has approved the Comprehensive Economic and Trade Agreement (CETA) this morning, marking a major step toward the deal between EU and Canada becoming reality.

Boom and bust in the orange market: Brazil's crop plummets whilst Tunisia's reaches record high

As climate crisis decimates Brazil’s orange crop, Tunisia is graced with a record yield. How will the European market be affected and can the crises resolve one another?

Trending tweets at #IGW2017

Follow the 'farm to fork' conversation at Berlin's Green Week

Since 1926, Berlin's Green Week has brought together farmers, food manufacturers and agriculture ministers to showcase the best in international food and drink and discuss the future of the food...

Don’t tax sugar – just sweeten the deal for healthy snacks, say campaigners

The 'Don’t tax healthy' campaign, started by OPPO ice cream, is fighting for UK tax breaks on low sugar foods, saying a system of incentives for healthy alternatives should come before penalties....

Russia says it is revelling after 2014 Western food embargo but could an end be in sight?

Russia's ban of food imports from Europe has been in place since 2014 but Donald Trump's election to the White House could mean an end is in sight. We take...

Feature

May's vision for Brexit: Twelve-point plan or glorified wishlist?

UK prime minister Theresa May yesterday set out her 12-point plan for the country’s exit from the European Union. What did it tell us and how has the food industry...

From wheat to meat: Seaweed start-up launches vegan bacon after pasta success

Following the success of I Sea Pasta, seaweed specialist Seamore, has launched a vegan bacon made entirely from seaweed and has further plans to expand its market.

Crikey! Fruit fly flour beats crickets for cost, says Israeli start-up

Move over crickets and mealworms - Israeli start-up Flying Spark is farming and processing fruit fly powders and oils that are cheaper than other insect ingredients but with a similar...

Bird flu could halt free range egg production, warn MEPs

Outbreaks of bird flu throughout Europe could put a stop to free range eggs as safety precautions make meeting the labelling requirements impossible, Dutch members of the EU parliament have...

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