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Tag Archives: Food production

What is heatflation? How does it affect the food industry?

Everyone is familiar with the word inflation. Shrinkflation (companies reducing the quantity of certain products) is also a term we have heard frequently recently. But have you heard of Heatflation? What is heat inflation? Climate change and the resulting hot weather and extreme climatic events directly affect agricultural activities. As …

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FOOD TO BE HIT BY WAR IN UKRAINE!

The war in Ukraine is threatening further disruption to already stretched supply chains. Ukraine and Russia may only account for a small proportion of the imports of major manufacturing nations like Germany and the US, but they are essential suppliers of raw materials and energy for many crucial supply chains. Global food prices already rose sharply during …

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