prices

Concerns are growing among grocery shoppers that the tariffs imposed by the Trump administration on imported goods could lead to higher prices at the supermarket, according to survey data from FMI – The Food Industry Association. Despite these worries, most…

A brewing storm of climate change and tariffs has led to a surge in coffee prices and sparked interest in bean-free alternatives. The coffee industry has been hit hard by droughts in major producing countries like Vietnam and Brazil, causing…

Key Points: Hershey plans to increase candy prices by double digits due to unprecedented cocoa costs affecting top brands. The price hikes are unrelated to tariffs or trade policies. Although cocoa prices have decreased from record highs, they remain elevated…

The U.S. Department of Justice recently filed a lawsuit against California, alleging that the state’s animal welfare laws have led to an increase in egg prices nationwide by imposing unnecessary regulations on production, which the department deems unconstitutional. The Trump…

Key Points: Conagra Brands, based in Chicago, is expecting a significant increase in cost of goods sold (COGs) inflation for fiscal 2026, with a combination of 4% core inflation and a 3% rise due to tariffs, totaling around 7% according…

With the skyrocketing prices of cocoa, chocolate substitutes are becoming a more cost-effective and sustainable option for the confectionery industry. However, the challenge lies in convincing consumers to break their chocolate addiction. Chocolate prices have nearly quadrupled in the last…

Senator Maggie Hassan has reached out to major retailers such as Albertsons, Kroger, Walmart, Costco, and Dollar General to gather information on how the recent increased tariffs on imported steel and aluminum by the Trump administration could impact stores, suppliers,…

Key Takeaways: The implementation of a 50% tariff on imported steel by the Trump administration has the potential to raise canned food prices by 9% to 15%, as per the Consumer Brands Association. The trade organization has warned that as…

Key Takeaways: Recent surveys show that consumers are now more willing to pay higher prices for eggs compared to earlier in the year. The percentage of people willing to pay over $5 per dozen eggs has nearly doubled since January,…

The issue of determining retail prices using the “cost of goods plus markup” formula has always been a delicate balancing act. However, in the current era of tariffs, this balancing act has become even more challenging. Since January, trade policies…