The UK branch of dairy processor and ingredients supplier Arla
Foods told investors yesterday that it is still on track to reach
revised profit targets for the year, boosted by its brands
Ongoing price competition among European retailers has squeezed
prices for international branded foods in recent years, finds new
research from ACNielsen that confirms the pressure will
continue into the near future.
France's Carrefour, the world's second largest retailer after
Wal-Mart, has upped the stakes in the supermarket battle for market
share by announcing further price cuts and overseas expansion arein
Food processors can expect the higher raw material costs hitting
packagers to be passed on soon depending on their contracts. This
means that, depending on contractural obligations, cosmetics and
toiletry producers can expect the...
Food makers turn to wood-sourced vanillin as high oil prices
continue to put pressure on the price of petrochemical-based
vanilla alternatives, and natural vanilla stocks remain
vulnerable,writes Lindsey Partos.
Stiffer competition between countries exporting wheat, oilseeds,
sugar and livestock will intensify over the next ten years,
bringing down prices, according to forecasts by the Organisation
for Economic Co-operation and Development...
Arla UK has been criticised for setting up a new wave of
instability through Britain's milk supply chain after it cut the
price it pays to farmers for milk, citing cost pressures,
reports Chris Mercer.
Nestlé, the world's biggest food and drink manufacturer, has
announced a modest increase in Q1 profits after successfully
offsetting rising raw material costs with price increases across
the UK and Continental Europe, Tom Armitage...
The US' Commodity Futures Trading Commission (CFTC) is to
investigate allegations of cheddar cheese price rigging, said to
have occurred at one of the country's most influential commodity
trading centres, Tom Armitage reports.
A 30 to 35 percent increase in milk prices caused Lifeway Foods'
operating profit to dip more than $0.5 million for full year 2004
on the previous year, despite a 9.7 percent increase in sales of
its probiotic dairy drinks, known...