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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.

What can companies actually do to fight the global water crisis?

The WWF report offers industry a five-step plan to tackle global water scarcity and holds up certain food and drink companies for their best practice.

Weak euro threatens food’s export boom

Food industry exports could be hit by challenging exchange rates, calling the sector’s recent growth into question, figures show as one of Britain’s biggest manufacturers urges the UK to leave...

Taxation necessary to offset rising cost of a healthy diet

The price of fruit and vegetables in the UK has tripled in the past 30 years, while the price of ice cream has halved – a pattern being repeated across...

Brand rivalry deepens in post-crisis Europe

Own-brands have enjoyed a boom in crisis-hit Europe, winning new consumers with both price and quality – but big brands are resorting to aggressive pricing and promotions to win back their...

Updated EU-Mexico Trade Agreement will be 'comparable to TTIP'

The EU and Mexico will strengthen their economic ties by modernising the Free Trade Agreement, announced EU trade commissioner Cecilia Malmström and the Mexican economic minister yesterday. ...

FAO: Global food import costs to hit five-year low

Global food import costs are set to reach their lowest level in five years during 2015, even as volumes remain the same or rise slightly, according to the Food and...

Food and drink firms should 'beware bribery threat'

Manufacturers must take the threat of bribery more seriously by putting in place measures to safeguard against it, a legal expert has advised. The warning comes as new figures suggest...

Russians increasingly affected by food sanctions

More than a third of Russians (37%) have noticed that some of their favourite brands are missing from store shelves following food sanctions – compared to about a quarter (26%)...

EU food and drink trade growing – but could be better

Food and drink trade increased in most of Europe last year – though production in a few member states could have been better, said a representative at FoodDrinkEurope.

Exclusive interview

Organic, renewable…and disruptive: Welcome to the third industrial revolution

We are entering a new economic paradigm based on clean energy and organic agriculture, says American economist and social theorist Jeremy Rifkin.

Worldwatch: Sustainable production faces ‘hidden threats’

More sustainable production is needed to ensure food and nutrition for future generations, but sustainability faces hidden threats, claims the Worldwatch Institute.

Unilever share price soars as sales rise 12%

Unilever share prices surged more than 4% within a few hours of the company announcing that its first quarter sales had risen 12.3% to €12.8bn, exceeding expectations.

Ajinomoto denies Splenda buyout rumours

Ajinomoto has denied claims published in the UK’s Telegraph newspaper that it was eyeing Tate & Lyle’s Splenda sucralose business.

Food for fuel: Biofuels policies cut emissions by cutting food consumption

Biofuels policies rely on cutting food consumption in order to reduce emissions, according to a study published in the journal Science.

Slump in sugar prices driving down overall food prices: FAO

A sharp drop in sugar prices is the main factor behind a fall in overall global food prices, says the UN’s Food and Agriculture Organisation (FAO).

Is baby food creating fussy eaters?

Fostering children's willingness to try new flavours and foods has clear benefits for the food industry -  yet researchers say baby food manufacturers may be inadvertently creating picky eaters.

Hello Consumer, says Swedish agency

Sweden has launched a new nationwide information service to provide better guidance and information to its people on all consumer-related queries.

Tate & Lyle maintains forecast following profit warnings

Tate & Lyle said there was no change to its full year guidance in a trading update on Thursday morning.

Use price policies to promote healthier diets, says WHO

Price policies could encourage healthier diets, according to a new publication by the World Health Organisation (WHO) Europe.

NGO accuses EU company of illegal African land grabs

European food companies are illegally grabbing land from smallhold farmers in Africa as part of the G8 New Alliance project, says an Action Aid report published this month.

EU proposes TTIP amendments following backlash

As MEPs prepare to discuss proposed amendments to TTIP’s investor principle in Riga next week, the European Commission says that most of the controversy springs from ‘common misconceptions’.

UK budget largely positive, says food and drink industry

The drop in corporation tax, promise of increased investment funding and support for British farmers in the 2015 UK budget were largely supported by British food and drink manufacturers.

Navigate or search -- how do consumers shop for groceries online?

Online grocery shoppers tend to prefer navigating to product pages rather than searching for specific products, according to a study funded by the European Research Council.

Campaigners win case against Bayer over pesticide bee claims

Friends of the Earth Germany has said it will step up its fight to protect bees after German chemical giant Bayer CropScience failed to sue it in court for claiming...

Russian ban on Ukrainian salt challenges supply

Russian sanctions have affected its salt supplies after it banned imports from state-run Ukrainian firm Artyomsol, which previously accounted for 24% of the market.