Netherlands have to accept food price increases

Elemans writes that prices for oilseeds and grains have risen sharply in international markets as a result of the war in Ukraine. These price increases are bad news for bakeries. “Last year they also had to face significant price increases due to corona. Passing on price increases to supermarkets and consumers is now the only workable solution," according to the sector specialist. Contract In addition to raw material prices, energy costs have also risen sharply in the food industry. This means that bakeries have contracts with supermarkets that they cannot escape. Even if supermarkets start to pay more, that will not be enough to cover the costs. “The price of bakery products therefore has to rise sharply to ensure that margins at bakeries do not evaporate and profitability can recover. Under extreme circumstances, as is currently the case, 'contract is contract' no longer applies. The producer earns a fair remuneration, but must be able to explain cost increases well. As a kind ...