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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.

Why are private labels successful in some markets but not in others?

Private label food and drink products have encroached on brands’ market share – but what are the factors that lead to own-brand success, and why do they only apply in...

Election 2015

Food to be highlighted ahead of election

A nationwide campaign to highlight the contribution of food and farming to British national life and the economy, ahead of the general election will be launched by the National Farmers...

Aldi in £1.2M deal with rapeseed producer

Aldi has seized 8% of the UK rapeseed market through a single £1.2M deal with Phoenix Speciality Oils.

Mondelēz to exit retailers that rejected price hikes

Mondelēz International will withdraw from certain retail customers in Europe that have refused chocolate price hikes. 

Majority MEP vote sends meat origin labelling to the Commission

Members of the European Parliament (MEPs) have voted by majority to create legislation that could see country of origin labelling used for all meat used in processed foods.

We must unite Fairtrade and trade union movements: Fairtrade CEO

We must follow the example of Sweden and bring together the two “very noisy” movements of workers' trade unions and Fairtrade, the CEO of Fairtrade International Harriet Lamb has said....

Tate & Lyle shares take £400m hit after profit warning

Nearly £400m (€538m) was wiped from Tate & Lyle’s stock value on Friday after it issued its third profit warning in a year.

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.

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