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Food prices are skyrocketing, and it's not just because of inflation

CNN - 8/10/2022 6:26:00 PM
Unlike discretionary items, consumers can't simply stop buying food when prices rise. They may, however, opt for less expensive options. Producers, grocers and restaurant operator

Where Will Milk Prices Find Support?

Dairy Herd - 8/9/2022 4:30:00 PM
Fundamentals are different which may show a different price movement but not the impact of lower milk prices. A recession changes consumer buying habits which will have a negative impact on overall demand.

Grocery prices in July had largest price increase since 1979 — with one food staple rising by 38% on the year

MarketWatch on MSN.com - 8/12/2022 11:10:00 AM
The rise in the cost of living cooled in July, but not for grocery prices. The price of food at home rose 1.3% from June to July, marking a 13.1% increase compared to last year. It was the largest price increase for groceries since 1979,

Price of bacon is increasing in the US but it's not just because of inflation

CBS News - 8/10/2022 7:39:00 PM
Inflation may be slowing overall, but food prices are still sky-high. Over the last 12 months, grocery prices soared 13.1% — the largest annual increase since the year ending in March 1979, the Bureau of Labor Statistics said Wednesday.

World food commodity prices dropped significantly in July, FAO report

Uruguay News - 8/6/2022 11:31:00 AM
The benchmark for world food commodity prices declined significantly in July, with major cereal and vegetable oil prices recording double-digit percentage declines, the Food and Agriculture Organization of the United Nations (FAO) has reported.

Lurpak butter prices explained: Why butter is so expensive in the UK after price surge in supermarkets

i - 7/10/2022 4:29:00 PM
Ocado is selling 1kg tubs of the Danish butter for £9, while the same product is on sale for £9.35 at budget supermarket Iceland

Global food commodity prices decline in July, says FAO report

Trade Arabia - 8/7/2022 6:53:00 AM
The closely-watched FAO Food Price Index averaged 140.9 points in July, down 8.6 percent from June, marking the fourth consecutive monthly decline since hitting all-time highs earlier in the year. The Index,

Companies to use stickers indicating revised price in GST on unsold pre-packaged goods

Business Line - 8/3/2022 2:17:00 PM
Based on recommendations by GST Council, pre-packaged and pre-labelled products including curd, lassi, butter milk, flour, rice, pulses etc are attracting GST at the rate of 5 per cent with effect from July 18.

Bread & Butter Wines Debuts First-Ever Pinot Grigio

Business Insider - 8/8/2022 2:00:00 PM
Expands white wine portfolio with classically styled, everyday Pinot Grigio NAPA, Calif., Aug. 8, 2022 /PRNewswire/ -- Bread & Butter Wines a

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