For consumers fighting rampant food inflation, the plunging sugar prices will be a respite. The global sugar shortage had caused prices of the item to rise up to an 11-year-high.
The Global Sugar Shortage Is About to Ease Thanks to a Corn Supply Boom bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
In India, roadside restaurateurs are halving their palm oil use and moving into steamed snacks. Bakers in Ivory Coast want to cut the size of their standard baguette. Sandwiches from US fast-food stalls are headed for fewer slices of bacon, pizzas for a more parsimonious sprinkle of pepperoni. With the world economy…
The cost of basics such as bread, meat and cooking oils have jumped across the world, sending shock waves through commodity markets and damaging the global food system.