Outlook for food hangs on commodity and price volatility
Headwinds likely to persist as costs remain elevated, with some easing brought about by Ukraine grain deal
While trying to keep up with consumer demand for on-trend, nutritious and cost-effective products, food producers in SA have had to contend with increasing production costs, supply chain challenges, strict quality and compliance standards and a string of inflationary pressures.
The upcoming reporting season will be an interesting reflection of the effect of soaring commodity prices, high energy inflation and supply chain issues as well as the choices that cash-strapped consumers made in the period...
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