Food Week February 20 – 26, 2023
Welcome to Food Week February 20 -26. A lot of long term indications that prices will fall, just not yet. And a lot of sectors made bank in 2022 and may be in for a rough landing. Lots more and weird stuff too like Starbucks putting olive oil in coffee and the guy who lived in a first class lounge for a year. Enjoy!
Low interest rates are keeping people in their houses – which threatens to freeze up real estate.
RETAIL AND CONSUMER
The COVID driven expansion in
SNAP benefits is done and that will affect grocery sales.
The lack of the expected growth in
plant-based meat means that companies may end consolidating.
Aldi understands value and their customers love them.
RESTAURANTS AND FOODSERVICE
Delivery fees hurt
Domino’s sales. Downward pressure that comes from inflation will further hurt the delivery companies.
FOOD SUPPLY CHAIN
Here’s a fun article from September about how there are going to be
winter food shortages in the US and Europe.
FOOD WEEK FEBRUARY 20 LAGNIAPPE
A reading list for those interested in
podcast on Oatly and its struggle with big milk.
Would you like to eat gourmet food and wine for a whole year without having to pay for it? First buy an international ticket, get access to the lounge and then
change your ticket everyday...
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