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…
prices
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Key Points: Consumer egg prices reached a record high last month despite the fading bird flu outbreaks that had limited supply. In March, the average cost of large, grade A eggs was $6.23 per dozen, marking a 5.9% increase from…
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Key Points: The USDA reported that negotiated wholesale prices for graded loose eggs have been decreasing due to the absence of significant outbreaks of bird flu in March. Demand for shell eggs has dropped as grocers are not promoting egg…
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The CEO of Mondelēz International, the company behind Cadbury, is optimistic that consumers will continue to indulge in chocolate despite rising cocoa prices leading to higher costs for the popular treat. Chocolate manufacturers have raised prices significantly due to supply…
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Both Mondelēz International and Hershey have issued warnings that the persistent high cocoa prices are expected to have a negative impact on their businesses until 2025. Dirk Van de Put, CEO of Mondelēz, stated that the company is currently facing…
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Avian Influenza Outbreak Leads to Sky-High Egg Prices Consumers nationwide are facing empty grocery store shelves and soaring egg prices due to a worsening avian influenza outbreak. The U.S. Department of Agriculture warned that prices are unlikely to decrease anytime…
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Summary: PepsiCo is facing a lawsuit from the Federal Trade Commission for allegedly providing unfair pricing advantages to a big box retailer, resulting in higher prices for consumers. The FTC claims that PepsiCo’s actions disadvantaged competing retailers by offering key…
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Post Holdings Faces Egg Supply Challenges Amid Bird Flu Outbreak Post Holdings, a major player in the consumer foods industry, recently revealed that an outbreak of bird flu at one of its subsidiaries, Michael Foods, has significantly impacted its egg…
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President-elect Donald Trump’s plan to implement tariffs on imported goods has raised concerns about the impact on the food industry in the United States. According to federal data, the reliance on imported food has been steadily increasing over the years.…
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Halloween Candy Prices on the Rise Due to Cocoa Shortage This Halloween, candy lovers may notice a spike in prices for popular Hershey and Mars chocolate bars. The cost of cocoa has doubled since the beginning of 2024, and experts…