Tag Archives: Food Services

Market Report: February 2014

RPI Summary

Annual RPI ended 2013 at 2.7% – having remained pretty static since falling under 3% in October. This after spending the prior 9 months (from January through to September ) at 3% to 3.5%.

Of the other commodities tracked; beef, fish and cereals all suffered a mini upward blip in price increases during November before tailing off in December. Dairy, meanwhile, dipped in November whilst pork fell sharply to finish the year down -1.2%.

Food and catering RPI has fallen steadily over the last quarter from 3.6% in September down to 2.1% in December.

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Market Report November 2013

RPI Summary

Annual RPI has remained relatively stable throughout the last quarter reflecting a similar pattern to the last 12 months and ended the year to September at 3.2%. As you can see from the graph, this contrasts sharply with the high fluctuations across all the core food commodities tracked.

Food and catering RPI is drifting upwards and was reported at 3.6% for September.

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Market Report Jan 2013

Introduction

The last quarter has been a turbulent one in most markets due to adverse weather conditions, particularly in the US. Pork prices hit a high in December of 13.4% after a period of relative lows from July to October. Beef has seen a steady decline since a peak in May finishing at a low of 6.8% representing an overall drop of 3.8% from December 2011. Dairy prices have moved back up after plummeting in August and finish the year at 0.9% whilst Fish and Cereal prices have fluctuated significantly, finishing on 4.5% and 2.9% respectively. Overall, however, the total RPI has remained fairly constant ending the year on 3.1% and maintaining a year average of 3.6%.

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Market Report November 2012

RPI Summary

The grain and cereals markets have experienced a  rise in price since their low of 1.5% in July, however, these figures are yet to account for droughts across the US Corn Belt that have downgraded maize forecasts meaning that a much greater increase in prices is expected. Elsewhere, EU milk production has continued to fall seasonally, leading to a rise in dairy product prices.

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