FoodBusinessNews
foodbusinessnews.net
®
April 29, 2008
NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY
Dairy drives
Nestle Q1
sales
12
Court halts
Tyson ad
campaign
17
What is a natural sweetener?
41
MARKET WATCH
Record high energy prices
per gallon
$3.508
per gallon
$4.143
per barrel
$119.90
Crude oil
Diesel fuel
Gasoline
Energy prices climb to new
record highs.
F
or longer than a year, ingredient buyers have grappled with relentlessly
difficult market conditions. Record high commodity costs and jaw
rattling volatility have added a degree of uncertainty into the food
processing industry beyond the experience of most executives. Indeed, in
the wake of the generally benign markets prevailing through the late 1980s,
the 1990s and early in this decade,
even the most seasoned purchasing
executives have awoken to an utterly
alien commodity environment.
As
higher
costs
have
been
Continued on Page 26
http://www.foodbusinessnews.net
Table of Contents for the Digital Edition of Food Business News - Apr 29, 2008