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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.

Cost, cynicism and frustration: Malaysian government launches own palm oil standard

The Malaysian government has launched its own sustainable palm oil certification standard – but will this add to or detract from sustainability and transparency efforts in the sector?

Lower oil price to have ‘limited’ impact on food industry: Rabobank

Lower oil prices may affect retail food prices in the long run, but they are unlikely to have a large effect on the food industry, says a new analysis from...

Voluntary public health measures 'can only go so far’: UK Responsibility Deal chair

We need a strong portfolio of voluntary and mandatory measures to tackle the huge burden of diet-related diseases, according to the chair of the UK Responsibility Deal food network....

Unilever boosts profits despite weak emerging market growth

Unilever has reported a 5% increase in net profit during 2014, although growth was weak in emerging markets.

Durum shortage drives German firm to find pasta alternatives

Massive predicted durum wheat losses have driven German firm to research alternative formulation options for pasta manufacturers.

Q4 cocoa grind analysis

Recoiling at chocolate price hikes? Cocoa grind slumps in developed markets

Weak fourth quarter cocoa grinds in developed markets suggest that consumers have reacted negatively to wholesale chocolate price hikes from the major brands, according to an analyst.

Food prices slump after stability: FAO

The FAO monthly food price index dipped once more in December, after three months of relative stability.

Rabobank: Lower sugar prices set to continue in 2015

Global sugar prices are likely to remain low in 2015 as production looks set to continue at a similar level, according to Rabobank’s Q4 sugar report.

UK campaigners suggest London soda tax

A suggested 20 pence per litre tax on sugary drinks in London would benefit health and save up to £39 million in healthcare, say campaigners. 

FAO: Global food prices have stabilised – for now

Global food prices have stabilised after several years of volatility, according to the Food and Agriculture Organisation (FAO).

M&A deals to remain strong in 2015

More than £20.2bn was exchanged in food and drink business mergers and acquisitions (M&As) in 2014, according to figures from Catalyst Corporate Finance (CCF).

'Dramatic' carrageenan supply chain shake up as Indonesia eyes domestic processing

Indonesia plans to process half of its seaweed domestically by 2020, meaning the carrageenan supply chain could see massive geographic diversions in the future. 

Most UK groceries are now private label

Supermarket own-brand groceries account for more than half (54%) of UK grocery sales – driven in part by premium positioning.

EU labelling law adds impetus to the sustainable palm drive

Changes to European labelling laws meaning the specific source of vegetable oil must be declared on pack could drive more food manufacturers to certified sustainable palm oil, according to one...

Commission defines food research priorities to 2050

Tailored diets, sustainability, integrated policy-making and consumer awareness of the link between food and health are the four research priority ideas identified in the European Commission’s (EC) foresight report.

Supermarket price wars squeeze more food firms into bankruptcy

The number of UK food companies entering bankruptcy is up 28% this year compared to 2013, according to research from accountancy firm Moore Stephens.

ICN2 'framework' document outlines action plan for better food and nutrition systems

The UN Food and Agriculture Organisation (FAO) and World Health Organisation (WHO) have published a 60 point plan as part of a ‘framework for action’ to improve global food and...

Chocolate shortage ‘overstated in the extreme’, says ICCO

The International Cocoa Organization has quelled media reports of a chocolate crisis in 2020 and says there are sufficient cocoa stocks for the next five years.

CONFERENCE STRIVES TO 'DEFY CONVENTIONAL THINKING' ON WINE

Meet the Glitterati of the Wine World! Wine Vision 2014 in Pictures

Wine Vision 2014 brought together the glitterati of the wine world - including the likes of Moët-Hennessy Estates and Wine president and CEO - Jean-Guillaume Prats - to discuss issues...

Russian embargo: 21 states urge Commission to preserve agri reserve funds

Twenty-one member state agricultural ministers have urged the Commission not to cut agri budgets and called for extra emergency funds to help counter the Russian embargo on European food imports....

Global food price index shows signs of stability, says FAO

The FAO's monthly food price index was largely stable in October, as increasing prices for sugar and vegetable oil were offset by declines in dairy and meat.

French trade dispute dents Mondelēz Q3 earnings

Mondelēz International third-quarter earnings fell 11% compared to last year due to disputes with French retailers over wholesale pricing changes and 'soft' developed market demand.

Q3 sales up, profits down as Natra feels cocoa pricing pain

Year-on-year Q3 EBITDA profits dipped 9.2% to €5.73m at Spanish cocoa and chocolate and specialist Natra as ongoing cocoa price hikes hit even as quarter revenues rose 5.2% to €89.93m.

Sugar policy shake-up to squeeze cane producing countries

The Fairtrade Foundation has urged food companies and retailers to choose Fairtrade sugar, amid concerns that a sugar price slump and CAP reforms could push thousands of workers into poverty.

Truffles: Can and should they become a mainstream ingredient for everyday products?

Truffles can be brought to a wider population without sacrificing their exclusive appeal, though price remains a factor, according to one supplier of truffles for crisps. 

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