Category: Commentary

Rising raw material costs; US net sales; Rapeseed oil auctions

Spiking raw material costs slash food company profits, more price hikes More food companies in China are raising their prices as high global raw material costs have begun to offset their margins. PepsiCo is said to be increasing prices for products under its popular snack brand Lay’s next month, according to an announcement earlier this… Continue reading Rising raw material costs; US net sales; Rapeseed oil auctions

Hog prices at new low; Fertilizer shortage; Strong wheat auctions

Hog prices in China hit new low, but feed prices rise Live hog prices in China continue to fall in the second half of this month reaching a new low on record despite state-backed efforts of national pork reserve restocking. The price level slipped more than 3% in the latter half of March to 11.9… Continue reading Hog prices at new low; Fertilizer shortage; Strong wheat auctions

Beer makers raise prices; Soybean net sales slump

Beer producers the latest industry to hike prices on rising input costs Beer producers are rumored to be raising prices again following the rise in raw material prices. Brewers have been facing rising input costs for key ingredients in recent months and likely to hike prices. Barley prices remain high on concerns that the war… Continue reading Beer makers raise prices; Soybean net sales slump