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The price of coffee went up in the mid 1970s because of a black frost of 1975 that killed 66% of Brazil's coffee trees, which was the number one producer of coffee at the time. There was a big earthquake in 1976 in Guatemala that disrupted supply chains, the world's fifth biggest coffee exporter at the time.
Soybean meal. Soybean meal is used in food and animal feeds, principally as a protein supplement, but also as a source of metabolizable energy. Typically 1 bushel (i.e. 60 lbs. or 27.2 kg) of soybeans yields 48 lbs. (21.8 kg) of soybean meal. [1] Soybean meal is produced as a co-product of soybean oil extraction. [2]
And more increases appear to be coming down the pike for the pulped-paper-packed protein: Wholesale prices for chicken eggs soared by nearly 55% last month, and wholesale food prices rose by 3.1% ...
Dialing Back on Sweetness. Word is getting out that high amounts of sugar isn’t so sweet for your body.The trending team at IFT confirms that 65% of U.S. consumers would prefer less sweet foods ...
Businesses in the food sector made huge changes to their offerings in 2024 to cater to increasingly price-conscious Americans. Here's where we are now. From Bundled Deals to Bigger Snacks: How ...
Between 1930 and 1942, the United States' share of world soybean production grew from 3% to 47%, and by 1969 it had risen to 76%. By 1973 soybeans were the United States' "number one cash crop, and leading export commodity, ahead of both wheat and corn". [8] Although soybeans developed as the top cash crop, corn also remains as an important ...
But tariffs on imported goods planned by President-elect Donald Trump's incoming administration could raise prices for raw materials. Motor vehicle and parts output soared 3.5% last month.