three red apples on wooden surface

Food Week July 3 – 9, 2023

Welcome to Food Week July 3. A short week but a lot to talk about. Inflation and labor shortages continue to slowly ease. Forever chemicals are forever but there may be a few things you can do. Cargill believes in plant based proteins even if nobody else does. Honey bees are still dying but stupidity survives as witnessed by the latest outrage over plant- based beer. And much more. Enjoy.

MACRO

  • Not just the US but the world economy has been remarkably resilient. The concern by soem is that central banks will tighten too much or for too long because…
  • Inflation is not all that sticky. And so the fearmongers on Wall Street appear to have got it all wrong.
  • Is this the coolest summer you will experience for the rest of your life?

RETAIL AND CONSUMER

  • Early mistakes aside, Walmart is all in on e-commerce.
  • While others are running away, Cargill doubles down on the future of plant based proteins.

RESTAURANTS AND FOODSERVICE

The mania for adding line items to restaurant checks has hit a new high – or low.

FOOD SUPPLY CHAIN

FOOD WEEK JULY 3 LAGNIAPPE

  • Buzzfeed has produced a AI chef-bot. It occurs to me as a user of AI that the usefulness of the answers is correlated to the effectiveness of the questions. And experts know the questions that need be asked.
  • Cannabis company rolls out Stoneos, cookies resembling Oreos. FTC not amused.
  • From the Guardian – an awesome graphic on the sources of foodborne illness:

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