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Analysis-Retail coffee prices to climb as frost and freight costs bite

Analysis-Retail coffee prices to climb as frost and freight costs bite
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Food Price Increases, Unreconciled Supply & Demand And A Disoriented Consumer: The Post COVID Reality

Agriculture Prices Soar Alongside Bulkship Rates – gCaptain

Share this article By Megan Durisin (Bloomberg) Wheat, Corn, soybeans, soybean oils: A small handful of commodities form the backbone of much of the world’s diet and they’re dramatically more expensive, flashing alarm signals for global shopping budgets. This week, the Bloomberg Agriculture Spot Index which tracks key farm products surged the most in almost nine years, driven by a rally in crop futures. With global food prices already at the highest since mid-2014, this latest jump is being closely watched because staple crops are a ubiquitous influence on grocery shelves from bread and pizza dough to meat and even soda.

Nestle in talks to buy The Bountiful Co before IPO

ZURICH (Reuters) -Nestle is in discussions to buy nutritional supplement maker The Bountiful Company, the Swiss food giant said on Monday, confirming media reports it is moving further into the health and nutrition sector which is growing faster than packaged food. Analysts said they expect a price tag of $5 billion to $7 billion for Bountiful, which makes Nature’s Bounty vitamins, Osteo Bi-Flex joint-care supplements and Puritan’s Pride vitamins and supplements, but Nestle in its statement gave no indication of a price. The acquisition would fit with the M&A strategy of Chief Executive Mark Schneider, the former Fresenius boss who has targeted several health companies since taking charge at Nestle in 2016.

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