Rabobank: ‘The wheat market is on fire’
Russia’s invasion of Ukraine has sent shockwaves rippling through the food supply chain, but thanks to a confluence of factors, the wheat market – in particular – is “on fire,” say analysts at Rabobank.
Archives for April 22, 2022
‘The world now turns to Brazil and the US for corn, and prices will rise…’ so what does this mean for corn-derived sweeteners?
With supplies from Ukraine and Russia – which together accounted for 15.3% of global corn exports in 2020/21 - in jeopardy, “the world now turns to Brazil and the US for corn, and prices will rise,” says Rabobank, which notes that prices are already...
What supplement companies need to know about new FDA allergens guidance
A new FDA draft guidance on food allergens lays out the factors the Agency will use to evaluate the risk posed by substances beyond the nine major allergens now on or soon to be added to the list.
Vaess develops biotech solution for nitrite-free bacon
Dutch food engineers at Vaess have developed an innovative biotech solution that can replace the controversial use of nitrites in meat products like bacon, while maintaining a stable pink appearance.
Ukraine war adds to perfect storm for global malnutrition: ‘The food price crisis does not happen in isolation’
The war against Ukraine has added to the cacophony of challenges that threaten to push millions more people into hunger, global nutrition leaders warned this week.
Potential review of ‘ultra-processed food’ by dietary guideline committee could portend trouble for packaged food industry
Undefined and increasingly under fire for allegedly delivering low nutrition but high calories, so-called ultra-processed food could be under the microscope during the next review of the Dietary Guidelines for Americans, slated for publication in 2025.
Nestle enjoys strong sales as consumer spending remains ‘resilient’ despite 5.2% price hike
Emboldened by “sustained consumer demand” despite rising prices in the first quarter to the highest level since 2008, Nestle executives told investors yesterday that they will continue to pass on “significantly higher” than expected cost inflation to...