All Prices articles – Page 4

  • News

    EU sugar quota abolition could push prices down


    Bakers could benefit from falling sugar prices if the EU’s widely leaked plan to abolish sugar quotas is successful. The EU is expected to announce next month that it proposes to scrap the current system of production quotas and guaranteed minimum prices for sugar far-mers by September 2016. News agency ...

  • News

    Permanently lower prices at Tesco?


    Tesco looks set to launch a new price offensive next week, with a possible switch in emphasis from promotions to permanently low prices, according to sister title The Grocer.

  • News

    UK wholesale dairy prices


    Unsalted butter, skimmed milk powder (SMP) and bulk cream all dipped in price from July to August, but are still up on this time last year, according to the latest report by DairyCo Datum price update.The wholesale price of unsalted butter fell £100 per tonne (p/t) to £3,500 (2010: £3,300 ...

  • News

    Rising dairy prices add to bakery company woes


    UK wholesale dairy prices have crept up after a dip during March and early April, with bakers being hit by the rising cost of unsalted butter in particular.

  • News

    Cocoa prices down as Ivory Coast troubles ease


    Pressure on cocoa supply looks set to ease after violence in key cocoa-producing country Ivory Coast has calmed, and exports are set to resume, according to global commodities analysis source The Public Ledger (TPL). The London futures price for cocoa fell from £1,994 per tonne on 14 April to ...

  • News

    Woodhead Bakery hit by rising wheat prices


    Scarborough-based Woodhead Bakery has gone into administration after being hit by inflation and rising wheat prices. The 74-year-old family bakery, which has 30 shops in the north east and also supplies Morrisons supermarkets, has been forced to make 30 of its 310 staff redundant, while administrator, the P A Partnership, ...

  • News

    Bread prices set to rise


    Bread prices are set to rise again, with the on-shelf price for an 800g loaf predicted to increase by 10-15p in the next few weeks.

  • News

    Short stocks force sugar suppliers to raise prices


    Another raft of sugar suppliers have raised their prices, as tight supply shows no signs of letting up.

  • News

    Millers raise flour prices as wheat costs rise further


    In the past two weeks, the price of delivered wheat has risen by a further £11 per tonne, breaking the £230 per tonne highs of the 2007/08 season, with millers, including Rank Hovis and ADM Milling, hiking the price of their flour in return.

  • News

    High fuel prices force redundancy at bakery


    Rising fuel prices have forced Scottish craft bakery Tower Bakery to make one of its bakers redundant for the first time in its 30-year history.

  • News

    Rising costs fail to push up UK bread prices in 2010


    Despite rocketing input costs in the second half of last year, the retail price of a loaf of bread in the UK actually fell in 2010 compared to 2009, according to new data from the Economist Intelligence Unit (EIU). The research on world bread prices, which is part of ...

  • News

    Increase in fuel prices hits the baking industry


    The ever-increasing price of fuel is hitting bakery firms hard as they continue to contend with higher commodity prices. A 0.76 pence per litre (ppl) increase in fuel tax was added on 1 January, which coincided with the 2.5% increase in VAT. According to , the average price ...

  • News

    Wheat prices set to match previous records


    UK wheat prices are poised to match levels last seen in 2007/08, as the latest delivered price hit £229.50 per tonne in the north west this week. It had reached its highest point for the current crop year before Christmas at £219. Prices stand at £220.50/tonne in East Anglia/London, ...

  • News

    Lees Foods hit by rise in coconut prices


    Lees Foods, the maker of Snowballs and Snowmallows, has warned that the rising price of coconut could hit its business. Chief executive Clive Miquel said the company had been hit by unprecedented commodity and packaging cost increases at the end of last year, with the price of coconut more ...

  • News

    Report: Coconut prices see record highs


    Coconut prices have hit record levels, with fears that there are further increases to come. Medium and fine desiccated coconut is now selling for up to £2,000/tonne against a historical average of £1,000/tonne. Prices have increased beyond levels thought possible, said Mark Setterfield at ingredients firm RM Curtis, prompting ...

  • News

    Wheat prices hit new high for crop year to date


    The UK wheat price has reached its highest point for the current crop year, with bakers set to face even higher prices from January as the entire UK export surplus is now spoken for.

  • News

    Wholesale dairy prices


    The wholesale price of bulk cream, unsalted butter and skimmed milk powder dropped last month, according to the latest UK Wholesale Price report by Dairy Co. The price of unsalted butter saw the biggest drop, falling by 6.2% to £3,050 per tonne in November compared to £3,250 in October, and ...

  • News

    Wheat prices stay high


    Wheat prices show no sign of easing, with the wheat futures market hitting its highest level since April 2008, due to weather concerns in key growing countries and strong demand for UK wheat. Contracts on the LIFFE wheat futures market closed at £170.75/tonne on 28 October, while the delivered ...

  • News

    Real Good Food’s profit hit by sugar prices


    The Real Good Food Company has seen continued growth in its bakery and bakery ingredients businesses. However reduced sugar cost levels in the market has led to a 19% drop in sales in its sugar business Napier Brown.

  • News

    High dried fruit prices drive bakers to action


    The price of dried fruit seems set to remain high, with bakers looking to pass on the costs to consumers. It has been affected by a combination of the strength of the pound, weather and speculation, as well as increased global demand, especially from China, said Mark Setterfield, MD of ...