Food prices fell further in late 2018

FAO reports that its calendar 2018 food price index fell 3.5 percent from 2017. While the cereals index did rise 9.0 percent, it was the only component to make gains. Meat fell 2.2 percent; dairy, 2.6 percent; oils, 14.7 percent; and sugar, 21.9 percent. [...]

Consumers are more concerned about health

Nielsen has released its Total Consumer Report for Q3 2018, highlighting some nice tidbits about food trends. U.S. consumer confidence for the third quarter was reported at its highest level in years, good news for the retail sector, including grocery stores. And perhaps of [...]

Food price indexes still trending lower

In the first half of 2018, the food price index saw monthly YOY averaging -0.3 percent. The decline in food prices has accelerated since, and the monthly YOY decline now averages -2.8 percent from January through October. The reduction has accelerated: down 1.5 percent [...]

Is Thanksgiving dinner more affordable in 2018?

Based on its survey of food prices, the American Farm Bureau Federation (FB) estimates that the average cost of Thanksgiving dinner for Americans will be about $48.90 this year. This cost is based on a meal to feed ten people, making the cost per [...]

Updated nutrition labels highlight added sugars

FDA has changed the guidelines for nutrition labels on packaged goods to more clearly present the information that is more accurate and nutritionally valuable to consumers—at least theoretically. The new labels will make the number of servings per package and the serving size more [...]

As U.S. juice consumption falls, apple juice holds more of the market

Americans consumed 5.4 single-strength-equivalent (SSE) gallons of juice per person in 2017, down 3 percent from 2016 and down 12 percent from five years ago. We have drunk less juice every year since 2013, driven by the decrease in orange juice consumption. Orange juice [...]

U.S. imports more clean-label starches

With rising consumer interest in clean labels and GMO-free processed foods, some food manufacturers are looking for alternatives to conventional corn starch (as well as many starch-derived ingredients; read our new study, “The GMO-Free Gamble,” to learn more). U.S. imports of specialty starches—that is, [...]