Foodcom Experts

Rabobank has released its annual Global Dairy Top 20, featuring 2022 dairy sector leaders. Compared to last year’s results, five companies have fallen back, six have risen in the lead, and the rest maintained their positions. At the top of the list are Lactalis, Nestlé, Danone, Dairy Farmers of America and Yili. Danone and Dairy Farmers of America swapped places compared to the 2021 results.

With another week of hot weather behind us, we can see immediate consequences in agriculture with farmers in Italy having lost around 80% of their harvest. Other reports for the drought in the USA state that in key agricultural producer Iowa, USA corn and soybean farming conditions are at critical condition, with more moisture needed during the next weeks, and this is one of many similar cases in the world.

It feels as if the beginning of Autumn has been the trending topic for the past four weeks, but this period is one of the most projecting time for the additives industry. With the end of the month, market behavior became more active, as people return from vacation and begin stocking supplies for the rest of the year.

Food prices continue to rise, and the UK will not be excepted - food along with nonalcoholic beverages have already increased by 2.3% between June and July 2022. This data brought the annual inflation rate in this area to 12.7%, based on the UK CPI report.

Ziemniaki i pszenica należą do najbardziej konsumowanych upraw na świecie. Świeży ziemniak może być wykorzystany na mnóstwo sposobów, ale powszechne zastosowanie mają w przemyśle spożywczym.

Produkty Foodcom są wysyłane poprzez sieć logistyczną do największych firm żywieniowych, gdziekolwiek na świecie jest zapotrzebowanie na dany towar.

Monohydrat Dekstrozy wykorzystywany jest jako substancja słodząca, źródło energii, środek wypełniający. Ma zastosowanie w wielu gałęziach przemysłu.

It appears that many consumers have now digesting high prices, which is reflecting in the consumption of dairy products. This introduced a bit of uncertainty into the market for buyers, who are not always ready to immediately buy large volumes.

The additives market is patiently waiting for its revival after the holidays. In the meantime, there is the expected mood in the market of transactions, although being somewhat slow, they stay stable.

Temperature records continue to be broken in the United States: over half the country is in drought, and most of Texas is classified as extreme or exceptional drought.

The noticeable shortage of sugars on the market continues. As we reported in our previous issue, some supermarket chains in Poland have begun rationing sugar sales after a rush of consumers fearing shortages and price increases thus emptying shelves in retail stores. Although specialists are certain it was only fear of further shortages that envoked later stages of the disruption, the issue also affected other parts of the supply chain.

Another week of summer vacation brings low activity to dairy markets around the world. Uncertainty revolves regarding the debate over gas supplies from Russia, which are used to heat and dry dairy products into powdered commodities.