Dairy farmers seek government help as lockdown forces milk dumping https://www.ft.com/content/64e5e6b2-3c29-4ed0-a83f-f5f66d517315">https://www.ft.com/content/6... via @financialtimes
A now-familiar story:
1) Increased at-home demand can& #39;t make up for the lost out-of-home demand. Turns out takeaway milky coffees aren& #39;t an essential item after all.
2) Difficulty in converting wholesale products to retail packs.
#food #dairy #oatt
1) Increased at-home demand can& #39;t make up for the lost out-of-home demand. Turns out takeaway milky coffees aren& #39;t an essential item after all.
2) Difficulty in converting wholesale products to retail packs.
#food #dairy #oatt
I& #39;m convinced 1 is happening in #sugar too.
Any increase in home baking won& #39;t offset losses in out-of-home soda and ice cream sales in 2020.
Think of all the drinks that now won& #39;t be consumed at concerts, festivals, sports events, movies... https://twitter.com/StephenGeldart/status/1239911099207745542">https://twitter.com/StephenGe...
Any increase in home baking won& #39;t offset losses in out-of-home soda and ice cream sales in 2020.
Think of all the drinks that now won& #39;t be consumed at concerts, festivals, sports events, movies... https://twitter.com/StephenGeldart/status/1239911099207745542">https://twitter.com/StephenGe...
We& #39;ve seen similar challenges in flexing from wholesale to retail sales in other staple foods like flour too.
Retail sales normally account for 4% of the UK flour market.
Not many homes want to buy a 16kg catering pack. https://www.bbc.co.uk/news/uk-52212760">https://www.bbc.co.uk/news/uk-5...
Retail sales normally account for 4% of the UK flour market.
Not many homes want to buy a 16kg catering pack. https://www.bbc.co.uk/news/uk-52212760">https://www.bbc.co.uk/news/uk-5...
Returning to dairy, we wrote a few days ago, "we are approaching the seasonal Northern Hemisphere flush, so the market will have to cope with more product at a time when supply chains are already stressed"
This now seems to be happening. https://czapp.com/opinions/1393 ">https://czapp.com/opinions/...
This now seems to be happening. https://czapp.com/opinions/1393 ">https://czapp.com/opinions/...