Throughout 2022, almost all of the costs for food manufacturers moved in one direction, and that was up. That picture has changed when we look at some important types of costs. Prices for agricultural inputs are moving in different directions Input costs are by far the most important cost category, and agricultural commodities are a major part of these inputs. Prices for agricultural inputs are moving in different directions. World market prices for wheat, corn, meat, dairy and a range […]
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The only way to fully appreciate the Summer Fancy Food Show, the massive gourmet trade expo held annually at the Jacob Javits Center in New York, is to put on your walking shoes and shelve preexisting opinions you might have about cinnamon churro-flavored pork rinds. With more than 2,000 vendors set up over 300,000 square feet on two levels, it’s the rare occasion where you can simultaneously triple both your daily step count and caloric intake. The show, which just […]
Battle Creek-based consultancy JPG Resources has its fingers on the pulse of the industry, from innovation to supply chain, consumer trends, investing and venture capital. Working with a wide variety of brands and industry leaders, the team is uniquely positioned to offer a different perspective from different sides of the biz. BakeryandSnacks caught up with managing director Glenn Pappalardo to get a deeper insight into what the future holds. What is a successful product? Pic: GettyImages A successful product is […]
Joey Chestnut is the undisputed hot dog-eating champion of the world … a title that could be costing him hours of his life at a time, according to a recent food nutrition study. According to findings released this week in the Nature journal (via The New York Post), one beef hot dog on a bun costs whoever eats it 36 minutes off their life, “largely due to the detrimental effect of processed meat.” Chestnut has eaten no fewer than 52 […]