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Food prices

Focus on food security intensifies as politicians gather

18-May-2012 - Government should not rely on industry to fix the food chain, according to global charity Oxfam, speaking ahead of the G8 and Rio+20 Summits.

FoodDrinkEurope tackles trade barriers in US

16-May-2012 - EU trade group FoodDrinkEurope teamed up with the European Commission (EC) on a delegation to the US at the end of last week aimed at building stronger export links.

Zetar’s nuts hit by raw material price inflation

15-May-2012 - Zetar took a 5% hit in annual group revenue after exiting from low margin core commodity sales, particularly in processed and packed nuts, at the beginning of 2012.

Chr Hansen shares jump 9% on strong H1 profits

19-Apr-2012 - First half EBIT profits for 2011-12 surged 19% to €83m at Chr Hansen as it shrugged off the effects of severe fluctuations in the price of red colorant carmine, and ongoing probiotic health claim uncertainty in Europe – its biggest yet most stagnant market.

Additional EU sugar imports expected as industry squeezed by quotas

15-Mar-2012 - The European Union is expected to allow additional sugar imports to the market in the coming weeks in a move welcomed by the confectionery industry.

Wheat supply still ‘comfortable’ after USDA lowers forecast, says analyst

12-Mar-2012 - The United States Department of Agriculture (USDA) has lowered its forecast for global wheat end stocks for 2011/12, but supply overall remains comfortable, according to an analyst.

DuPont champions alternative hydrocolloids as guar replacers

08-Mar-2012 - Amid sky-high prices and shortages of guar gum driven by an unprecedented surge in demand, food formulators have renewed focus on finding replacers and DuPont is championing use of alternative hydrocolloids.

Euromonitor commodity talk: The highs, the lows and demands

07-Mar-2012 - Low coffee demands, surplus cocoa stocks, rising sugar prices and a geographical shift in the wheat market, are just a few points raised by Euromonitor’s senior food analyst in its monthly GlobalCast.

News in brief

Rocketing US cheddar exports fuel strong full-year for Glanbia

29-Feb-2012 - Irish dairy firm Glanbia says that booming US cheddar export sales fed into a strong 2012, but warned that the key risk to the global dairy market in 2012 centred on “significant concerns” regarding the global economic downturn and its effect on consumers.

Arla Ingman accuses Valio of squeezing rivals with Finnish milk monopoly

24-Feb-2012 - Arla Ingman and other producers have filed a complaint with Finland’s competition authority regarding market leader Valio, alleging the firm has abused its position to maintain a liquid milk market monopoly, a claim the latter denies.

Arla Ingman accuses Valio of squeezing rivals with Finnish milk monopoly

24-Feb-2012 - Arla Ingman and other producers have filed a complaint with Finland’s competition authority regarding market leader Valio, alleging the firm has abused its position to maintain a liquid milk market monopoly, a claim the latter denies.

2015 sugar quota deadline must be adhered to, say soft drink makers

15-Feb-2012 - Growth opportunities are being stymied in sectors such as the soft drinks industry due to uncertainty over sugar supply in the EU market, claims a leading UK trade body.

Tate cautioned on sucralose prices; Q3 results don't surprise

09-Feb-2012 - In a competitive sucralose market, Tate & Lyle should price the sweetener keenly to ensure significant market share in the future, claims an analyst as the group releases ‘reassuringly dull’ Q3 results today.

Dispatches from Feeding the World conference in Geneva

'It shouldn't all boil down to yield,' says food systems activist in call to action

09-Feb-2012 - How to tackle obesity and hunger remains a two-pronged challenge for the agri-food industry, but increasing crop yield is not the answer - instead the focus should be on boosting the nutritional value of crops, claims a sustainable food systems activist.

Tight supermarket milk margins set Dairy Crest stock ‘in doldrums’, analysts

03-Feb-2012 - Dairy Crest has issued a mixed trading update for the first nine months of its fiscal year, with persistent tight margins in its dairies business sector offset by strong performance across its branded portfolio.

Tight supply and high prices in guar gum look set to continue

23-Jan-2012 - Tight supply and high prices in guar gum are set to continue until at least the end of 2012, and probably beyond, claims a leading hydrocolloid industry analyst.

Uncertainty ahead as maize market to dictate wheat prices in 2012 – analyst

09-Jan-2012 - Wheat prices in 2012 are likely to be volatile and will be dictated by the global maize market and weather conditions, according to an analyst at the UK’s Agriculture & Horticulture Development Board (AHDB).

Barley brewing offers basis for portfolio variation and sustainability, DSM

28-Nov-2011 - Jeroen van Roon, global marketing manager for beer for DSM Food Specialties told BeverageDaily.com that barley brewing enzymes could help brewers cut down on more costly malt-based products, and develop new portfolio innovations.

EXCLUSIVE INTERVIEW: DISPATCHES FROM BRAU BEVIALE 2011

Brewing enzymes help ensure sustainable production, Danisco

24-Nov-2011 - Ulf Brøchner Sørensen, global product manager, brewing and distilling enzymes at Danisco, told BeverageDaily.com at Brau Beviale that there was trend globally towards less expensive, more sustainable production.

Analysts optimistic about recovery potential for ABF Ingredients

08-Nov-2011 - Analysts expect a modest element of recovery for ABF Ingredients in the year, driven primarily by the fact its Chinese yeast facility is now operational and can generate greater economy of scale.