Food Business News - June 13, 2017 - 1
June 13, 2017 | foodbusinessnews.net
Sweets & Snacks
STORY ON PAGE 44
IN THIS ISSUE
13 Crisis averted as U.S., Mexico
reach critical sugar trade deal
Commodity supplies expected
to keep prices in check
31 Blue Apron sees i.p.o.
delivering $100 million
62 Beverage Business News:
Reducing added sugars
he message from most presenters at
the 40th annual Sosland Purchasing Seminar held in Kansas City
June 4-6 was that prices of most ingredients have some but not robust upside
potential this year and next because of
ample supplies, albeit declining in some
cases, both domestically and globally.
While there were exceptions, most notably sugar, ingredient buyers generally
received good news about the prices they
may pay over the next several months.
That includes such basic commodities
as wheat, corn and soybeans, as well as
other ingredients such as cocoa and eggs.
Speakers at the Purchasing Seminar
noted a myriad of factors that may affect
ingredient prices in the coming year.
Notable was the current trend in the value
of the U.S. dollar which, though volatile
and still historically high, appears to be
in a downtrend so far in 2017. A weaker
dollar tends to be positive for exports of
CONTINUED ON PAGE 42
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