How should US food firms act when inflation bites?
Overall food prices, from groceries to dining out, rose 1.1% in July from June 2022.
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Bakery and Cereal
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Bakery and Cereal
How AI can aid the food industry – and workers
Despite fears for jobs, proponents of AI say it can benefit food manufacturers and complement existing staff.
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Food commodity price increase smallest since early 2021 – FAO
Commodity prices fell in July on a month-on-month basis.
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Kellogg doubles sales growth outlook on snacks demand, cereal recovery
Kellogg expects “high teens” input-cost inflation for the full year, and spill-over into 2023.
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Changes lined up for Nutri-Score labelling scheme
They include modifications around sugar, salt and protein content.
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Lotus Bakeries reveals Asia expansion plan
It hopes to have a new regional facility to produce Biscoff biscuits up and running by 2026.
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CEO pay gap will undermine stakeholder ethos
The integration of ESG into corporate reporting may well make the issues around CEO pay more problematic for companies today…
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German confectioner Katjes buys Italian panettone maker Paluani
The deal was done through Katjes’ Italian subsidiary Sperlari.
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