The Zacks Food – Meat Products industry players have been leveraging the increased consumer interest in protein due to a rising focus on health. The upswing in demand for plant-based meat substitutes has also driven these companies to expand their presence in this market. To achieve this, they have been concentrating on innovation and enhancing their production capacities, which has yielded positive results. While worries about input cost inflation continue, the initiatives to expand capacity and implement effective pricing strategies […]
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And they did. In March, the FAO Food Price Index from the United Nations jumped to its highest level since it was created in 1990, feeding fears that a global food crisis was rapidly taking shape. Yet in the months to follow, wheat prices — along with the price of other agricultural products — dropped. The FAO Food Price Index has declined for three consecutive months. Is the threat of famine, protests and distress from higher food prices behind us? […]
