High food prices and volatility in commodity markets are here to stay, according to a new report by the Organization for Economic Cooperation and Development (OECD) and the Food and Agriculture Organisation (FAO).
Lacklustre demand for cocoa in Europe and North America and expectations of an average crop next season will see cocoa prices remain steady over the coming months, claims a market analyst.
Chr Hansen has an organic food colour project at development stage in the US although the Danish supplier said the market is unlikely to become significant in the near term.
Changes to the food production chain are needed in order to manage constantly growing price volatility and ensure the existence of safety nets, according to a new report.
There are high hopes that issues surrounding volatile agriculture commodity prices will be met with some firm policy at the G20 meeting next week, according to the industry federation, CIAA.
Ingredients companies need to keep on their toes as supply chain management decisions are increasingly influenced by environmental, social, and economic sustainability concerns, according to campaign group Fairfood International.
The Union for Ethical BioTrade (UEBT) is calling for entries to its biodiversity awards which will be presented at Food Ingredients Europe later on this year.
Following weeks of uncertainty, Germany said Friday that beansprouts are almost certainly the source of the deadly outbreak of E.coli 0104:H4 that has killed 35 and sickened 3,256.
An improved service to Moroccan flour millers and better logistics will result from Cargill’s inauguration of a 67,000t grains storage facility close to the port of Casablanca, claims the company.
Leading cocoa processor Archer Daniels Midland (ADM) has announced it is kick-starting its Ivory Coast sustainable cocoa initiative – Serap – in Indonesia in a bid to boost cocoa quality from growers in that region.
DSM has signed a joint venture agreement with a Chinese biotechnology company that will give the Dutch ingredients supplier its first enzyme manufacturing plant in China.
Hans-Christian Ambjerg, president of DSM Food Specialties, goes head to head with FoodNavigator.com on commodity prices, emerging markets and acquisition strategy.
Crop production may be rising but not enough to bring down high and volatile agricultural commodity prices this year, according to the latest analysis from the FAO.
European Union proposals for a €150m-compensation package for farmers wer rejected by Spain and France yesterday as pressure intensified for Germany to identify the source of the E.coli outbreak that has now killed 23 and sickened 2,429.
An EU Commissioner’s office has defended global food companies against claims by consumer groups that they use “lower quality” ingredients for global brands sold in Eastern European countries.
CIAA is lobbying the new Polish presidency to improve EU research funding policy as food industry R&D spending continues to lag behind other developed countries.
Europe’s agriculture ministers are to hold an emergency meeting today on the E.coli outbreak as authorities continue their efforts to pinpoint the source of the bacteria that has killed 22 and sickened almost 2,300 people.
Beansprouts grown in northern Germany could be the cause of the deadly E.coli outbreak that has so far killed 22 and sickened 2,263, officials in the country said yesterday.
Private label growth will set off a wave of consolidation in the European food industry but how each product category is affected will vary significantly, according to Rabobank.
France’s driest spring in 50 years is likely to have a heavy impact on its wheat harvest and could drive up global wheat prices, according to French agriculture minister Bruno Le Maire.
Reports of victims continued to climb yesterday as the World Health Organisation (WHO) declared the deadly E.coli bacterium that has killed 17 and left 1614 sickened is a new and virulent strain of the bug.
Snack producers looking to differentiate in a consolidated market can do so through texture, claims supplier Avebe as it extends its Eliane line for fried coated nuts
A new logo allows confectionery, biscuit and other food producers show their commitment to sustainable palm oil, which in turn will boost global demand, says the RSPO.
A lot of progress has been made to reduce the costs that packaging brings to retailers but more could be done to make food products stand out on shelves, according to EHI Retail Institute.
Rabobank has warned that orange juice prices are likely to remain high over the next decade as farmers in Brazil and the US battle higher production costs.
Food prices could double by 2030, claims UK based charity Oxfam, which also estimates that demand in 2050 could be 70 percent higher than current levels.
A dry spring in much of Europe has sent malting barley prices shooting upwards – adding to the woes of brewers already under pressure from weak beer demand, according to analysts.
Forest fragmentation driven by demand for palm oil is having a catastrophic effect the level of biodiversity, and may be endangering certain species, according to scientists from the Queen Mary University of London.
A new dark cocoa powder aims to deliver an indulgent rich taste for bakery goods, but also cut costs by reducing the product’s overall cocoa content, claims ADM.
Tate & Lyle is planning to re-start production at its mothballed sucralose plant in the US, as hot demand for the sweetener means it needs more capacity from two global sites.
The European Commission has asked EFSA to conduct a full re-evaluation of the safety of aspartame by July 2012, due to MEPs’ concerns and EFSA’s decision to look more closely at two recent studies on carcinogenicity and pregnancy effects.
Building bridges between industry and universities to encourage ingredients research will prove beneficial for Europe in the long run, says V.Krishnakumar of ingredients consultancy Giract.
With cocoa per-tonne prices standing at about €2080 in the aftermath of the Ivory Coast crisis, chocolate suppliers are coming to the fore with solutions to deliver ‘chocolateness’ with less chocolate content in goods like muffins and baked foods.
Sky-high orange oil prices helped flavour ingredient supplier Treatt more than double its half-yearly profits, but the next six months may not be so strong as prices may have peaked at $8/kg.
Non-profit World Stevia Organisation is broadening its scope to include all natural sweeteners, such as monk fruit, thaumatin, and others whose potential is still being explored, as sweeteners are frequently blended in food and beverages for optimal taste...
Certificates, mass balance and fully segregated palm oil options are not mutually exclusive, but all serve to ensure flexibility in an extremely complex supply chain, claims GreenPalm.
Food and drink manufacturers are ‘shooting themselves in the foot’ by continually advertising products with ‘no artificial’ labels, says Hans Heezen, chairman of the International Sweetener Association.
