Reported shortages in Australia’s mango harvest have pushed up prices of many varieties, but Calypso mangoes have weathered the season’s conditions well and are selling for little more than last year’s prices, according to The Harvest Company, which holds the trademark for the variety.
Beef traders in Korea, the US and Japan are all reporting difficult market conditions due to the uncertainty created by the global financial turmoil, according to Meat and Livestock Australia.
Fonterra has reported a 10% drop in the price of whole milk powder, heralding a reduction in cheese, milk and butter prices.
Tasmanian potato growers are in a stand-off with food processor Simplot over the price of spuds.
A desire to retail ready-to-heat meals to busy commuters has turned into a rapidly growing business for 26 year old Brisbane entrepreneur, Alison Price.
New Zealand's competition watchdog is mulling whether to launch a probe into possible price-fixing in the country's dairy sector.
Food prices are soaring, wealthier Asian consumers are westernizing their diets, and farmers, let alone the nations of the third world, cannot keep up the pace, according to IBISWorld.
The premium beer market has been the strongest growing Australian beer market segment in recent years, showing a growth of 15% annually since 2001.
An online guide for food manufacturers in search of ingredients solutions to limit the impact of soaring raw material prices has been launched.
The Confectionery Manufacturers of Australasia (CMA) predict a combination of local and global pricing pressures on a range of ingredients will raise the price of confectionery in the near future.