World food prices surged to a new historic peak in January, for the seventh consecutive month, according to the updated FAO Food Price Index, a commodity basket that regularly tracks monthly changes in...

Supermarket retailer Coles is using its market dominance to destabilise the whole of Australia’s food and grocery supply chain by cutting prices on essential daily items, the Australian Food and...

Unilever will increase its prices at a more “rapid rate” in 2011 as it continues to look to offset rising commodity costs, concerns over which hit the company’s share price yesterday...

Cocoa prices have shot up as the president-elect of major cocoa-exporting nation Cote D’Ivoire announced an export ban amid political struggles in the country. Alassane Ouattara, the internationally...

Fonterra announced today that it will increase its farmgate milk pirices for Victorian and Tasmanian farmer suppliers after a pricing review. The company will now offer farmers a further 8c per kg of fat,...

The EU has issued data it claims will play down fears that the abolition of milk production quotas in 2015 could flood markets with cheap milk and drive some producers to the wall.In a food commodity forecast...

Global food prices last month reached the highest since records began, exceeding the 2008 highs that sparked riots across the globe, according to figures from the UN. An index of food commodities tracked...

The disastrous floods in Queensland may cause up to $403m in damage to crops, according to the latest forecasts.  This could cause fruit and vegetable prices to rise by up to 50 per cent. Affected farmers...

Coles is cutting the price of its free range eggs in a bid to help more customers afford the switch away from caged eggs. Prices on Coles Brand free range eggs will fall in all States from today with cuts...

Food and personal care giant Unilever said it will increase prices on some of its products in a bid to recoup higher commodity costs. A spokesperson for the firm told just-food that globally, its prices...