The FAO Food Price Index* (FFPI) averaged 121.4 points in August 2023, down 2.6 points (2.1 percent) from July, reversing the rebound registered last month and pushing the index as much as 38.3 points (24.0 percent) below its peak reached in March 2022.

Veg of Lund continued its international expansion plans and launched the DUG brand plant-based milk in Germany, Poland, Japan, and Italy.

The FAO Food Price Index* (FFPI) averaged 123.9 points in July 2023, up 1.5 points (1.3 percent) from June but remaining 16.6 points (11.8 percent) below its value in the corresponding month last year.

In the United Kingdom, PepsiCo has scaled the use of hydrotreated vegetable oil (HVO) – used cooking oil - across their supply chain in a move set to save 2,650 tonnes in GHG emissions annually.

The FAO Food Price Index* (FFPI) averaged 122.3 points in June 2023, down 1.7 points (1.4 percent) from May, continuing the downward trend and averaging as much as 37.4 points (23.4 percent) below the peak it reached in March 2022.

Brenntag, the global market leader in chemicals and ingredients distribution, just announced a partnership with Coöperatie Koninklijke Avebe U.A. ("Royal Avebe").

Klaas Hidde Kuipers will start at Royal Avebe on August 21, 2023 as Chief Operations Officer (COO). He succeeds Mark Tettelaar, who will leave Avebe on August 31.

The FAO Food Price Index* (FFPI) averaged 124.3 points in May 2023, down 3.4 points (2.6 percent) from April and as much as 35.4 points (22.1 percent) from the all-time high it reached in March 2022.

The Rabobank report on the US Potato Industry anticipates good prices for the remainder of the 2022/23 marketing year, particularly as the year comes to an end before the new crop harvest begins.

This year, the fruit, starch and sugar group AGRANA is starting with the construction of an additional drum drying plant at the site of its potato starch mill in Gmünd (Waldviertel District of Lower Austria).