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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.

UK shoppers will spend more for fairer groceries: Survey

UK shoppers would pay more for groceries in the knowledge producers were getting a better deal, a new survey suggests. 

South America & Africa biggest growth risks for palm oil - but upping market initiatives could curb deforestation

Voluntary market initiatives from the largest buyers and sellers of palm oil could help curb deforestation linked to the crop, researchers say, noting South America and Africa are most at...

How will milk drinks be affected by UK sugar tax?

Milk-based drinks are to be excluded from the UK sugar tax, given their nutritional value. And yet some milk-based drinks contain considerable amounts of added sugar. So how can the...

Baby food and probiotics driving expectations for a €1.7bn colostrum market within the decade

The global colostrum market is expected to hit a valuation upwards of €1.7bn ($1.9bn) by 2026 with baby food and probiotics leading the way, analysts predict.

Africa and Asia set to become UK’s biggest suppliers in wake of Brexit

Africa and Asia could take the EU’s place as exporters of fruit and veg for the UK following Brexit, retailers say.

Confectionery industry open to pan-EU 250 calorie cap per portion

Nestlé, Mars and Mondelēz are willing to discuss setting an industry-wide 250 kcal limit on confectionery portions across Europe.

EU Commission raises concerns over Dow DuPont merger

The European Commission says it has opened an investigation to see if the proposed merger of Dow and DuPont is in line with the EU Merger Regulation.

Mexico’s unhealthy eating tax one year on: reduced sugar spending and potential EU implications

Mexican shoppers bought less calorific and sugary foods in the year after the ‘sugar tax’ was introduced, say researchers.

UK retailers pushing unhealthy foods most, finds watchdog. Industry cites 'value'

Supermarkets in the UK are promoting more unhealthy products than healthy ones, according to new research carried out by consumer group Which?

DISPATCHES FROM IFT

Video: If Donald Trump becomes US president, would it be good for your business?

Presidential hopeful Donald Trump has vowed to bring back jobs to America by ripping up and renegotiating trade deals with trading partners. FoodNavigator hit the floor at IFT to gauge the...

New UK grocery product launches falling in face of supermarket price wars

The number of new UK grocery product launches has dropped by 13% in the face of supermarket price wars and food is the worst hit, according to a new IRI report.

EU's appetite for foreign land to produce its food is unjust & unsustainable: FOE report

The EU requires almost 270 million hectares of agricultural land to produce its food and almost 40% of this land lies outside Europe. It is unjust, irresponsible and unsustainable, according...

‘Portion control and re-sealable bags will be the future trends in confectionery’

Post-Brexit raw material costs, portion control and re-sealable bags are key concerns in the current confectionery market climate, according to Scottish private label confectioner Aldomak.

Fashionable shoppers could foil healthy eating guidelines by inflating market prices

Healthy eating guidelines could fall flat as lower income shoppers are increasingly priced out of a market catering for prestige-seekers, a new study suggests.

IFT video vox pop: What do US businesses think of TTIP?

TTIP may not even be finalised yet but given its potential impact on issues from trade to food safety, consumer perception to the names we give our food, it has...

Survey results

Brexit Poll: Confectionery industry outlook negative after Brexit vote

The majority of ConfectioneryNews readers polled expect the UK’s exit from the European Union will hit sales volumes for their businesses and lead to price hikes for cocoa and sugar....

News in brief

Système U signs agreement with SODIAAL to support French dairy sector

Système U and the French SODIAAL dairy cooperative have signed a partnership to provide what SODIAAL says is fair compensation for milk producers.

Brexit briefings

Big Brexit headache for small business

With the pound on its knees, frozen yoghurt lolly maker Claudi and Fin is staring a 13% price rise in the face next month. “In the short-term we expect to shoulder...

TTIP could bring food safety regulations to a standstill: Report

The controversial trade deal between the EU and the US could give multinational companies increased power to challenge food laws that impact their bottom line, according to an analysis by...

European outcry over ‘discriminatory’ Polish retail tax

A new Polish retail tax has angered European commerce heads who brand the decision “discriminatory” against foreign businesses.

Put the sugar tax on hold after Brexit, says FDF

Industry group, the Food and Drink Federation, has called for the UK's sugar tax to be put on hold due to the economic fragility of the post-Brexit environment - but...

Readers' survey results

What does Brexit mean for your business? It means one third may now relocate outside of the UK

The results are in: We asked FoodNavigator readers what Brexit means for them and their business. Nearly 300 responded  - and almost one third said they are now considering relocating...

Brexit impact

FDF launches six-step manifesto to ease Brexit

The Food and Drink Federation (FDF) has launched a six-step manifesto to help Britain’s biggest manufacturing sector cope with Brexit – the “UK’s most significant peacetime challenge ever”, according to its director...

Comment

Caffeine claim calamity should give nutrient profiles wings

The European Commission has started the first phase of its investigation into the need for nutrient profiles, with a report expected in spring 2017. Yet with the caffeine claim fiasco...

France will trial mandatory country of origin labelling for two years

France will be trialling mandatory country of origin labelling for meat and dairy in prepared foods for two years, a move which has split industry. 

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