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Think Tank
Food & Beverage: Page 47
German Supermarket Raises Prices to Reflect True Climate, Health Cost of Foods
The “wahre Kosten” or “real costs” campaign was triggered by the belief that prices in supermarkets do not reflect the true environmental or long-term health costs of food.
Ukrainian Naval Drones Attack Russian Black Sea Port
The strike on August 4 came after Russia hit numerous port and grain-terminal targets, disrupting Ukraine’s ability to export grain.
Global Grain Prices Soar Following Russian Attack on Ukrainian Port
The
EU
warned developing countries that Russia would begin offering cheap grain as a way to create new dependencies stemming from economic vulnerabilities and global food insecurity.
Extreme Weather Could Hurt the Globe's Sugar Supply
Since June 2023, sugar prices have risen by 42% year-on-year with more increases expected during the second half of the year due to ongoing shortages.
Building an Agile and Resilient Food Industry Supply Chain at the 2023 FMI Supply Chain Forum
As the food industry emerges from post pandemic supply chain disruptions there is much work that needs to be done to restore supply chain equilibrium.
Bubs Australia Finds the Formula for Delivering Product to the U.S. in a Supply Crisis
Bubs Australia steps up to help alleviate the infant formula shortage in the U.S., drawing on software from SPS Commerce to manage its long-distance retail supply chain.
Pilgrim’s Pride Signals Worst is Over for Chicken Suppliers
“More restrained” supplies, further easing of restrictions on U.S. exports, and potentially lower grain costs are all expected to contribute to an improved outlook.
Putin Promises Six African Countries Free Grain
Putin said Russia would be able to provide Burkina Faso, Zimbabwe, Mali, Somalia, the Central African Republic and Eritrea with 25,000 to 50,000 tons of free grain.
Wheat Rally Fades as Russia Fails to Disrupt Key Danube Port
The Ukrainian Port of Reni on the Danube was operating at maximum capacity July 25, despite an attack by Russian drones July 24.
Shipping Routes for Ukrainian Grain Exports Dwindle Under Russian Attacks
Even before Russia terminated the Black Sea agreement, Ukraine had increasingly relied on alternative routes for its exports.
India Bans Some Non-Basmati Rice Exports to Control Prices
The latest ruling by the South Asian nation, which has already imposed restrictions on wheat and sugar exports, would affect about 25% of total rice shipments from India.
Wheat Prices Continue to Rise Following Russia's Threats on Ukraine-Bound Ships
Wheat prices grew by 8.2% on the European stock exchange from July 18 to July 19 while U.S. wheat futures rose by 8.5%.
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