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21 Current news from the ressort price development

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Wheat price falls to lowest level in four months

28-Jun-2022

The price of wheat fell to its lowest level in four months on Monday night. At times, a bushel (about 27 kilograms) traded for $9.26 on the Singapore Exchange. The last time the price of wheat was this low was at the end of February when Russia launched its war of aggression against neighboring ...

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Fonterra provides 2022/23 opening forecast Farmgate Milk Price and update on business performance

31-May-2022

The opening forecast Farmgate Milk Price for the 2022/23 season is set at $8.25 - $9.75 per kgMS, with a midpoint of $9.00 per kgMS. CEO Miles Hurrell says the strong opening forecast reflects continued demand for dairy coupled with constrained global supply. “The long-term outlook for dairy ...

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FAO Food Price Index eases in April

Vegetable oil and maize prices slightly decrease after recent surge, while rice, meat, dairy and sugar prices slightly increase and global trade prospects dim

11-May-2022

World food commodity prices decreased in April after a large jump the previous month, led by modest declines in the prices of vegetable oils and cereals, the Food and Agriculture Organization of the United Nations (FAO) reported today. The FAO Food Price Index averaged 158.5 points in April 2022, ...

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Sunflower oil will remain a scarce commodity - food prices rise

More than half of the world exports of sunflower oil comes from Ukraine

20-Apr-2022

For consumers, gastronomy and food producers, sunflower oil will remain in short supply for the foreseeable future due to the Ukraine war. As Ukraine is the largest supplier, experts do not expect the situation to improve for the time being. Because of this, large companies have already changed ...

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Green coffee increasingly expensive - consumers facing higher prices

08-Feb-2022

The favorite drink in this country is coffee. Consumption is rising, also thanks to ever new creations. The global market is ensuring that the hot passion could become more expensive. Amid record high inflation, consumers in Germany will probably have to dig deeper into their pockets once again ...

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Grocery prices are soaring, but for how long?

More than half of US consumers are placing a higher priority on groceries above all other product categories

18-May-2020

Panic buying has increased significantly in the US which, by default, has increased demand substantially during COVID-19. Research from Mintel’s Global COVID-19 Consumer Tracker indicates that more than half of US consumers are placing a higher priority on groceries above all other product ...

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Arla Foods amba confirms March milk price

25-Feb-2020

Arla Foods amba’s on account price for conventional milk will increase by 1 eurocent for March 2020. When applied to the UK manufacturing price it will increase by 0.90 pence per litre to 30.94ppl. The Arla on-account price for UK organic milk will decrease by 1 eurocent for March 2020 which when ...

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Scarce vanilla harvest

05-Aug-2019

The important ice-cream ingredient vanilla is showing a lower harvest and thus persistently high prices. "We expect the harvest to be 20 to 25 percent lower than last year," said Georges Geeraerts, head of Madagascar's vanilla export association, in an initial assessment of yields in the world's ...

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Misleading Canada Food Prices 2019 Report Makes Assumptions of Red Meat Industry Pricing

11-Dec-2018

The Canada Food Price Report for 2019, released earlier this week, makes assumptions that the cost of meat is set to fall because Canadians are adopting plant-based diets. In fact, the beef demand index is strong, only showing a decrease of 2% demand in 2018, but maintaining levels not seen since ...

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INKOTA welcomes minimum price increase by Fairtrade

Chocolate companies have to follow suit now

04-Dec-2018

Today, the Fairtrade seal initiative announced a significant increase in the guaranteed minimum price for cocoa. The development organisation INKOTA welcomes this important step to reduce the poverty of cocoa farmers. If chocolate companies were serious about sustainability, they would also have ...

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