According to the Food and Agriculture Organization (FAO) of the United Nations, world food prices rose for the third consecutive month in December, as a strong rally in vegetable oil prices drove the FAO Food Price Index to its highest level in five years. The FAO Food Price Index averaged 181.7 points during the month, a 2.5% increase from November and the highest level since December 2014.
For 2019, the index—which tracks monthly changes in the international prices of commonly-traded food commodities—averaged 171.5 points, some 1.8% higher than in 2018 but still 25% below its peak in 2011. Here’s a closer look at the commodity pricing in December:
The United States and Japan announced the expansion of their organic equivalence arrangement to include livestock products.
The United States and Japan announced the expansion of their organic equivalence arrangement to include livestock products.
BlueNalu, a food technology company developing cell-based seafood products, has announced the signing of a Memorandum of Understanding (MOU) with Pulmuone, a maker of healthy and environmentally friendly food products headquartered in South Korea.
BlueNalu, a food technology company developing cell-based seafood products, has announced the signing of a Memorandum of Understanding (MOU) with Pulmuone, a maker of healthy and environmentally friendly food products headquartered in South Korea.
Cargill has announced a partnership with a local manufacturer in western India to launch its first chocolate manufacturing operation in Asia.
British Columbia Section IFT Women in Food Panel
Vancouver, British Columbia
New York Section IFT (NYIFT) Suppliers Day
Edison, New Jersey