Global food commodity prices edged higher in June, supported by higher meat, vegetable oil and dairy prices, the United Nations' Food and Agriculture Organization said on Friday.
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Tag Archives food prices
World food prices tick higher in June, led by meat and vegetable oils
Strong year predicted for Canadian dairy products, meat processors expect squeeze
It's projected to be a strong year for dairy product makers, while meat product manufacturers' margins may be squeezed as rising prices fail to offset higher input costs, Farm Credit Canada (FCC) said in its new Food and Beverage Report.
Canadian pork consumption saw sharp drop in 2024
Reduced demand a challenge for an industry facing U.S. tariffs and recovering from recent low revenue years
Pork consumption in Canada dropped sharply in 2024 as price inflation reduced its appeal as a budget-friendly protein, Farm Credit Canada said in a recent report.
McDonald’s posts biggest US sales decline in nearly five years
International sales rise, driven by Middle East and Japan
McDonald's posted a steeper-than-expected drop in quarterly U.S. comparable sales on Monday, as demand took a hit from a brief E.coli outbreak while diners remained watchful of their spending.
Competitive retail prices bode well for chicken demand in 2025 says FCC
Demand projected to grow despite slowing or even shrinking Canadian population
If chicken’s retail price advantage over beef and pork persists, per capita consumption could rise in 2025 despite slowing population growth says a recent sector outlook from Farm Credit Canada.
World food price index eases in Dec, pushed lower by sugar
The United Nations' world food price index dipped in December against November levels, led lower by a drop in international sugar quotations, but still showed a robust gain year-on-year, data showed on Friday.
Conagra trims profit forecast as higher inflation, promotions to dent margins
Conagra Brands on Thursday joined rival General Mills in trimming its annual profit forecast and warning that price cuts on its products across grocery, snacks and frozen food items to spark demand will weigh on margins.
World food prices reach 19-month high in November, UN says
The United Nations' world food price index rose in November to its highest level since April 2023, recording its biggest gain in 19 months on the back of surging vegetable oil prices, data showed on Friday.
World food prices reach 18-month high in October, UN says
World food prices rose in October to an 18-month high as vegetable oils led increases seen in most food staples, United Nations' data showed on Friday.
Consumer food-buying behaviour changing rapidly
Inflation-strapped buyers turn to more discounts, cut their food-buying budgets
Canadian consumers have dramatically changed their grocery-buying patterns in the past year as food prices and housing inflation have squeezed their budgets. Demand and product changes in the food supply chain will affect farm commodities. Grocery store sales are down in Canada, even with product value inflation, which means less demand for farm products. Why […] Read more
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