The UK woke up this morning (7 September) to a new leader and with hopes the new government will immediately take steps to alleviate the crushing living prices that are badly impacting consumers and putting industry at risk.
The UK’s Federation of Bakers (FoB) has published its 2022 Annual Report, which looks at the extraordinary challenges the bakery sector is currently facing, but also its role in helping it to provide continuity and food security at a price that all Brits...
The price of Cereals and Bakery Products jumped 11.6% year-over-year, marking the biggest jump since July of 1981, likely impacted by the soaring prices of fats and oils, up 16.9% compared to a year ago, with butter and margarine up 20.2%.
Have food products’ nutritional profiles been negatively impacted by the substitution of sunflower oil – currently in short supply – for coconut and palm oil?
EU Agriculture Commissioner Janusz Wojciechowski has insisted the Green Deal, which contains the landmark Farm to Fork and Biodiversity strategies, will remain a key priority despite the conflict in Ukraine.
The Mexican corporation – and the world’s biggest bakery company – posted a significant rise in first quarter net profit, but said inflation has hurt profit margins.
Food formulators are being forced to change their recipes, and non-GMO breeders may have to integrate genetically modified feed into animal nutrition, due to the Ukraine-Russia conflict.
Indian and Chinese food firms should seek alternative or additional sources of vegetable oil, with both countries facing severe shortages and price hikes due to the Ukraine-Russia conflict, according to an industry analyst.