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| News & Analysis on Food & Beverage Development - Europe |
Special Edition: Commodity Crisis
Last week started with a corn crop crisis warning and ended with the revelation the world has officially entered an historic drought. Itâs the stuff of post-apocalyptic fiction. But in fact it is our reality as the world is facing a commodity crisis like never before. And playing out against a backdrop of terrifying geopolitical insanity, one would be forgiven for thinking they had entered the pages of a bleak sci-fi novel. So, is it as bad as specialist media makes out? And if so, what can be done about it? Nicholas Robinson, editor of FoodNavigator
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Historic drought spikes commodity prices Devastating drought threatening major crops, including corn, coffee, cocoa and sugar, and sending commodity prices soaring.. Read Cocoa prices hit record high: What does this mean for industry? The cost of cocoa has reached a record high, and the price keeps climbing. How is industry reacting and what does this mean for the future of this highly sought after commodity?.. Read Will coffee prices ever come down? Over the past year, global coffee prices have been on the rise. When will they start to fall?.. Read Corn crisis: Manufacturers prepare for price hikes as global stocks fall Manufacturers prepare for shortages and price rises as vital grain stores in global decline.. Read Crisis timeline: How the cost of olive oil went from affordable to astronomical Olive oil prices are spiralling out of control, leaving manufactures and consumers wondering how much higher they can possibly go. But how did the crisis start, where is it headed, and whatâs next?.. Read The cost of sugar is soaring: What does this mean for food manufacturers and consumers? From confectionery to cakes, breakfast cereals to beer, sugar is a huge part of the modern diet, but why is the cost of one of our most indulgent ingredients increasing and how will this affect both food manufacturers and consumers?.. Read Rapid bird flu spread needs ramped up biosecurity response The threat of bird flu to human health has ramped up as the pathogenâs spread continues to bring poultry flock numbers down worldwide.. Read The price of butter keeps creeping up, why? The price of butter has risen steadily in recent years, with a 18.5% year-on-year increase recorded in the EU wholesale market between 2023 and 2024. But why is this happening? And is it a permanent trend?.. Read Cocoa crisis: Illegal gold mining damaging yields and prices An increase in the demand for gold is in turn impacting the cost of cocoa.. Read Cocoa, coffee, corn at risk – food shifts focus amid climate threat Manufacturers are scrambling to secure supply chains as all major food and beverage crops fall under threat from climate change.. Read What is 'sogflation' and how is it threatening food supply chains? First there was inflation, then there was shrinkflation, next came heatflation, now thereâs sogflation. But what is sogflation and how is it impacting the food industry?.. Read Heatflation: What is it and how is it impacting the food industry? Youâll almost certainly have heard of inflation, you may well have heard of shrinkflation, but have you heard of heatflation?.. Read | |
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