Extreme weather events are expected to lead to volatile food prices throughout 2025, supply chain analysts have said, after cocoa and coffee prices more than doubled over the past year.
In an apparent confirmation of warnings that climate breakdown could lead to food shortages, research by the consultancy Inverto found steep rises in the prices of a number of food commodities in the year to January that correlated with unexpected weather.
Read the full article on The Guardian website
NAM Implications:
- The key issue is the extent to which a cynical consumer can be so convinced of the weather’s cause & effect.
- Can it justify a 2x impact on ingredient costs and not diminish demand…
