Mondelēz International is making adjustments to its chocolate offerings in response to high cocoa prices, with a focus on introducing more premium options. The company, known for brands like Milka and Toblerone, is facing challenges due to elevated cocoa costs…
prices
-
-
Key Takeaways: Forecast from the USDA’s Economic Research Service suggests a 2.5% increase in food-at-home prices in 2026, remaining below the 20-year average. Sugar and sweets, beef and veal, and non-alcoholic beverages are expected to see faster price growth compared…
-
PepsiCo has announced a significant price reduction for popular brands like Doritos and Cheetos, with discounts of up to 15%. This move aims to stimulate growth and attract back consumers who have been cautious due to inflation. The company tested…
-
Following a period of continuous price hikes, consumers may soon notice a slight relief in grocery prices as major food companies aim to stimulate growth. General Mills, the maker of Cheerios and Nature Valley bars, recently announced price reductions on…
-
Despite a year characterized by consumer caution regarding grocery price hikes, the cost of preparing a Thanksgiving meal has actually decreased compared to 2024, thanks in large part to the star of the show: the turkey. The American Farm Bureau…
-
Key Points: J.M. Smucker is planning to raise coffee prices for the third time this year due to tariffs and commodity costs. The price hike is expected to happen in early winter, marking the fifth increase since June 2024. The…
-
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…