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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.

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...

Brexit-proof? Irish food and drink 2016 exports exceed €11 billion

Irish food and drink exports have exceeded 11 billion despite the fall in exports to the UK, according to figures from the country’s food board, Bord Bia, a total increase...

Egg prices set to keep rising in EU

Egg prices in Europe have risen 16% since November last year driven up by bird flu outbreaks and rising consumer demand, say global commodities analysts at Mintec.

From farm to fork: How much do you know about where Europe's food comes from?

Eurostat, the official statistics bureau of the European Union, has published data report on Europe's farms, fisheries and food supply. How much do you know about where your food comes from?...

Pay more, waste less: Scottish food study

Research by the University of Aberdeen in Scotland suggests that while food price hikes have reduced the amount bought by the public, an equal reduction in food waste has kept...

The nutra space: Eyes turn to 2017

Only the seemingly foolish would have predicted 2016 would see the UK vote to leave the EU and Donald Trump win the US presidential election. But in the post-truth era,...

Exclusive

Roquette ready for major investment in North American pea protein

Roquette is investing in pea protein in Canada next year, as the French firm ups its game in the protein space. 

Europe’s Plan B: The ‘Common Food Policy’

An independent think tank, IPES, has been set up to advise the EU and work towards creating a common food policy that would create a sustainable, healthy and profitable food...

Consumers assume food must be expensive to be healthy: Study

The price of food heavily influences assumptions about nutritious quality and even effects the health issues consumers worry about, a series of experiments at Ohio State University has found

Stop CETA: Trans-continental coalition fights trade agreement

A coalition of over 450 civil society groups from Europe and Canada has signed an open letter pleading legislators to vote against the deal, fearing it will erode public power over the...

‘Health benefits of UK’s sugar tax will depend on industry’: Lancet study

The impact on public health of the UK's sugar tax will depend on industry's response to it, according to the authors of a Lancet study. If firms choose to cut...

Guest article

Beyond Brexit: Five legal issues UK food firms need to protect against in 2017

The year ahead will present UK food companies with a range of major legal challenges over and above the fallout from Brexit, according to leading food industry lawyer Peter Cusick.

Arla Foods to head Danish initiative to boost exports

A major push to create new jobs and increase exports in the Danish food sector by more than DKK 30bn (€4bn) has been backed by food industry giants Arla Foods,...

Record high stock levels mean low food prices in 2017: Rabobank

It's good news for consumers but not for world farmers as Rabobank predicts low food prices in 2017 due to high global stock levels– despite instability in Europe and America.

Confidence in secure commodity supply chains 'misplaced'

Confident there’s enough soy, palm oil and beef to go around and your policies can weather the risks ahead on everything from climate change and deforestation to reputation and regulation?...

Spain and Estonia to tax sugary drinks

Spain and Estonia are the latest EU countries to announce plans for a tax on sugar-sweetened beverages.

dispatches from HiE 2016

Teff: The next ‘ancient grain’ to make nutrition ripples?

The success of chia and quinoa has opened the door for other less-known ancient grains, but one South African company exporting teff is wary of a boom and bust effect.

Sugar tax divides the industry, campaigners claim

The UK’s food and drink industry might not be as fiercely opposed to a tax on sugary beverages as industry representatives claim, according to a new survey.

Decline in promotional activity is good news for manufacturers, says IRI

The first serious pause in price promotions in the UK could be good news for manufacturers across Europe, stemming a rising trend that will allow more investment for new product...

Carbon price would result in food costs rising 3%

A global carbon price is “unlikely” to cause major shifts in consumption patterns between foods, but supply chains could be decarbonised if more companies looked to incentivise reductions upstream, according to a...

Animal welfare logos: Putting a premium price on what should be a legal minimum?

Denmark unveiled its voluntary logo for animal welfare last month and Germany looks set to launch its own. But should a high standard of welfare not be the legal minimum...

The photo-fermented combination: Allmicroalgae scales-up microalgae production

Portuguese supplier Allmicroalgae has taken calls to scale up production of microalgae to heart, with a project to combine big-volume fermentation with high-value photosynthesis methods now in swing.

EU still tops Britain's export ambitions - but it is looking further afield

The UK's action plan to increase post-Brexit exports over the next five years sets its sights on China, India, the US and Latin America - but it wants to see...

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