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...
Dairy Farmers of Britain (DFOB), one of the UK's largest milk
processors, announced last week that it is to increase the price it
pays farmers for their milk, with a number of major processors
likely to follow suit. But will...
Prices for a number of key food ingredients in Russia have risen in
January and February, according to a recent survey, and supply
difficulties are expected to keep costs high for the foreseeable
future, reports Angela Drujinina.
Global cheese prices rose to new highs last year and are expected
to remain firm this year, backed by strong demand in consuming
regions and stagnant output among exporting countries such as
Australia, reports Anand Krishnamoorthy.
Arla Foods UK, the UK subsidiary of Danish-Swedish dairy
co-operative Arla Foods, announced yesterday that it is to put its
milk prices on hold - a move which will appease British dairy
farmers and also temporarily heal a long-running...
Against the backdrop of soaring prices for locust bean gum, getting
the best price for the customer is a challenge hydrocolloid
producers must meet if they want to ensure ongoing contracts,
reports Lindsey Partos.
The United Nations' food agency has singled out burgeoning demand
in Asia as contributing to the overall international price increase
of dairy products, but remains confident that prices will begin to
stabilise in 2005, Tom Armitage...
Robert Wiseman Dairies announced earlier this week that it is to
provisionally slash the amount it pays for UK dairy farmers' milk,
a move which will undoubtedly lead to further price skirmishes in
the UK milk market, as Tom...