The incorporation of sustainability throughout the supply chain involves constant innovation, commitment from company leadership and a realization that it is an indefinite process, said Datamonitor.
US wheat futures experienced volatility this week with traders concerned that floods in Australia would hamper transportation of wheat and export commitments would not be met.
Bakers may have to get used to higher wheat prices following the spike in mid-2010 as signs are that world production may not rebound as fast as it did after the 2007/08 peak.
New research from Euromonitor suggests a moderate but sustained increase in wheat and corn commodity prices from now until 2015 but the analysts predict that manufacturers focusing on premium and private label lines will offset rising input costs.
Never before has the dangling of golden carrots in the boardroom been so closely scrutinised. DSM and others’ decisions to ensure those carrots have green shoots of sustainability attached to them is a wise and forward thinking move.
Baked good companies should look to discount chains, control distribution, develop a broad product portfolio, manage input costs and tap into newer markets in order to ensure resilience over the next five years, stresses a report on the European bakery...
Strategies for confectionery makers to absorb rocketing price rises
are essential as cocoa prices crash through the $3000 barrier, with
demand outstripping supplies and pulling the stocks-to-grindings
ratio to a 22-year low.
A surge in sales to China, higher world log prices and continued
cost cutting have delivered New Zealand-based packaging provider
Carter Holt Harvey a solid NZ$73 million (€34.8m) for the six
months to June, compared with a loss of...