One Year On - COVID Commodity Price Impact

One year on, the coronavirus pandemic continues to impact the food and beverage supply chain, this latest report reviews the impact over the last year and takes an in-depth look a key category indexes

The report covers key commodity categories:

• Global Seafood Index (Norwegian Atlantic Cod, Russian Alaska Pollock, Norwegian Farmed Salmon, Indian Prawns)
• Global Meat Index (US and EU Pork, US, EU and Brazilian Chicken, New Zealand Lamb, Brazilian and US Beef)
• Global Egg Index (US and EU Eggs)
• Global Fruit and Vegetable Index (Apple, Orange, Lettuce, Broccoli, Onion, Potato and Avocado)
• Global Nut Index (Almonds, Hazelnuts, Cashews, Walnuts, Pecans, Peanuts, Brazil Nuts)
• Global Grains Index (Wheat, Maize, Rice)
• Global Vegetable Oils Index (Palm Oil, Soyabean Oil, Sunflower Oil, Rapeseed Oil)
• Global Dairy Index (EU WMP, Butter and Cheese, NZ SMP, US Milk)
• Global Soft Commodities Index (NY Arabica European Robusta, European Cocoa, European White Granulated Sugar)
• Global Packaging Index (PET, PP, LDPE, HDPE, Steel, Aluminium, Corrugated Paper and Cartonboard)
  
  

The main aim of these insights is to help procurement teams:

• Responding to market risk - Greater agility in your ability to visualise price data

• Tracking price trends - Analysing data top-down to spot patterns

• Remaining competitive – Benchmarking your supplier costs to identify savings

• Maximising profitability -Modelling your costs to drive efficiency

• Being ready for change – Knowing the market outlook to prepare for the future