This summer, retail shell egg prices reached record highs, piggybacking on dried, liquid and frozen egg product prices that had touched all-time highs a few months prior.

IFF so far has navigated inflation in 2022 through price increases. A similar scenario looks to be on the horizon for 2023.

While direct-gas-fired (DGF) ovens remain popular, they tend to require more upkeep because of the substantial number of burners. That’s why many oven experts, even manufacturers of DGF ovens, suggest turning to air-impingement ovens or convection heat to save cold, hard cash.

Consumer spending on higher priced food and fuel is eating into Walmart Inc.’s profit outlook.

A sharp rise in cost of goods pressured Conagra Brands’ year-end earnings and the company said the pressure would carry over into fiscal 2023.

The American Farm Bureau Federation (AFBF) recently shared the results of its latest marketbasket survey, which showed the average cost of a summer cookout has increased since a year ago. The organization said a group of 10 US consumers will pay an average of $69.68 for popular Independence Day food items, up 17% from 2021.

At a time of labor shortages and rapid, hard-to-predict inflationary pressures, it’s more important than ever for retail foodservice departments and other areas of the fresh perimeter to have reliable production management software solutions to maximize efficiency and minimize waste.