NETHERLANDS: Bakery B2B firm CSM warns on commodity costs
CSM, the Netherlands-based bakery products supplier, today (27 October) warned it had started to increase its prices in the wake of a "substantial" rise in commodity costs.
The growing pressure of commodity costs
Comment: Food makers feeling the pinch as commodity costs bite
When Russia announced plans to curb grain exports in August, mainstream news outlets spoke of a probable jump in food prices in markets worldwide. The noises coming from within the industry, however, were mixed. Now, there are signs that manufacturers are feeling the pinch.
US: Commodity costs push General Mills to up cereal prices
General Mills, the US food group behind cereal brands Big G and Cheerios, has upped the list price for selected lines due to pressure from higher commodity costs.
The just-food interview – Guy Odri, Groupe Doux
With grain prices soaring, Guy Odri, chief executive of French poultry giant Groupe Doux, has urged domestic retailers to raise prices. Any public disagreement on price between supplier and retailer is rare but, speaking to Dean Best this week, Odri explained why the time had come for poultry processors to demand help in absorbing the rising cost of cereals.
