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Tag: food pricing

China to become key player in global soybean pricing system: analysts | Global Times

China to become key player in global soybean pricing system: analysts | Global Times

As the global soybean supply pattern undergoes a transformation, the biggest importer – China – is likely to become a key player in a multi-polar pricing system, experts said on Tuesday. “The current global soybean pricing system, which is dominated by the US’ Chicago Board of Trade (CBOT), may become a multi-polar one,” Li Guoxiang, […]

An economist talks turkey: 5 facts about Thanksgiving pricing | SFChronicle

An economist talks turkey: 5 facts about Thanksgiving pricing | SFChronicle

Your’re getting a bargain if you buy frozen Frozen turkeys do not provide much, if any, profit for your local store. The U.S. Department of Agriculture monitors both the wholesale and retail price of turkeys throughout the year. The wholesale price – what grocery stores have to pay for an item – during the first […]

Food expiration dates are about to undergo a revolution | ISRAEL21c

Food expiration dates are about to undergo a revolution | ISRAEL21c

That’s about two billion tons of food, worth billions of dollars. It’s a shocking statistic, and at the end of the day, it’s not just the supermarkets or food producers that pay the price – it’s all of us. A hungry planet with limited resources, a high carbon footprint, and rapidly changing climate cannot afford […]

The true madness of a viral wing pricing scheme | The Verge

The true madness of a viral wing pricing scheme | The Verge

If you’ve been on Twitter in the past week, you may have seen this bewildering wing menu. I saw it a few days ago, and it has consumed my thoughts in every unoccupied moment since. We know nothing of where it came from or why, although it’s probably safe to assume it’s a wing place. […]

Agreements And Algorithms Can Add Up To Antitrust Liability – Anti-trust/Competition Law | Mondaq

Agreements And Algorithms Can Add Up To Antitrust Liability – Anti-trust/Competition Law | Mondaq

Last week in a hearing before the Senate Subcommittee on Antitrust, Competition Policy, and Consumer Rights, Assistant Attorney General (AAG) Makan Delrahim announced that the Department of Justice (DOJ) is pursuing criminal charges against competitors who allegedly engaged in a price-fixing scheme facilitated by the use of search algorithms. While he did not reveal further […]

Pinnacle warns of ‘intensified competition’ in grocery as Conagra deal nears | Food Dive

Pinnacle warns of ‘intensified competition’ in grocery as Conagra deal nears | Food Dive

Still, Brittany Weissman, an analyst at Edward Jones, told Food Dive last week that the deal was good for Conagra. The company in recent years has jettisoned its private label business and frozen potato company Lamb Weston to focus on its core brands, using M&A to bulk up in areas such as snacking and frozen where it already […]

October 4: Corn Prices Edge Higher With October WASDE in Focus | FarmLead

October 4: Corn Prices Edge Higher With October WASDE in Focus | FarmLead

Corn prices ticked higher Thursday as traders and analysts began to speculate on next week’s release of the October WASDE report. Informa has estimated that the U.S. corn yield will come in at 182.1 bushels per acre. That figure would peg U.S. corn production at 14.89 billion bushels. Soybean prices dipped due to concerns about […]

‘Factories have torn the hell out of prices’: Farmers march on Kildare St to protest beef prices | The Journal

‘Factories have torn the hell out of prices’: Farmers march on Kildare St to protest beef prices | The Journal

THE IRISH FARMERS Association have called on the Minister for Agriculture to provide additional support for the beef sector in next Tuesday’s budget. The IFA organised a protest today to highlight that factories have cut beef prices to “loss-making” levels while prices rise in the UK market. The protest brought livestock farmers from around the country to Kildare Street, […]

Farmers and Minister cite need for increased beef price transparency 03 October 2018 Free | The Farmers Journal

Farmers and Minister cite need for increased beef price transparency 03 October 2018 Free | The Farmers Journal

Minister Michael Creed has asked Bord Bia to conduct a detailed examination of beef market dynamics as farmers called for increased price transparency. The Minister made the announcement as he chaired the 12th beef forum, which took place without farmer representation, with the IFA protesting outside. Speaking at the protest, Angus Wood chair of the […]

MII stands over current pricing ahead of Beef Forum | Agriland

MII stands over current pricing ahead of Beef Forum | Agriland

Meat Industry Ireland (MII) has stood over its current beef pricing and has confirmed that it will be in attendance at the Beef Forum taking place later today (Wednesday, October 3). MII senior director Cormac Healy commented ahead of the forum, defending current beef pricing in the current “challenging market environment”. He also reiterated his […]