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20.08.26 - 23:36
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J&J Snack Foods CEO on Snack Nostalgia, Turnaround Plans (Bloomberg)
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Dan Fachner, CEO of J&J Snack Foods, discussed the company's strategic focus on the food service segment, which accounts for 60% of its business. He emphasized the strong recovery and growth potential in experiential venues such as theaters, theme parks, and ballparks, where iconic brands like ICEE, Dippin' Dots, and Super Pretzel are popular. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)...
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20.08.26 - 22:54
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Food Supply Alert: Ukraine Grain Exports Collapse As Black Sea Attacks Choke Global Shipments (ZeroHedge)
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Food Supply Alert: Ukraine Grain Exports Collapse As Black Sea Attacks Choke Global Shipments
Upward momentum in agricultural prices, as tracked by the Bloomberg Agriculture Spot Index, should be ringing inflationary alarm bells. The breakout comes just one week after JPMorgan analyst Nora Szentivanyi warned that the next global food crisis could materialize as early as next year.
Multiple shocks are converging all at once across the global food complex, including continued disruptions in the Strait of Hormuz, rising El Niño risks, and adverse weather across the US agricultural belt.
This note focuses on another emerging chokepoint: Europe's breadbasket, where intensifying attacks in the Russia-Ukraine war have shuttered critical Black Sea grain export terminals.
Reuters reports that global wheat importers are preparing for tighter supplies and higher prices as tit-for-tat attacks on Black Sea ports and bulk carriers continue to disrupt shipments during the region's peak export season.
Tho...
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20.08.26 - 08:48
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Geschäft für Hotels und Gastronomie schrumpft (DPA-AFX)
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WIESBADEN (dpa-AFX) - In der ersten Jahreshälfte hat das Gastgewerbe in Deutschland weitere Teile seines Geschäfts verloren. Preisbereinigt fielen die Umsätze im Vergleich zum Vorjahreszeitraum um 5,2 Prozent, wie das Statistische Bundesamt auf der Grundlage ......
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20.08.26 - 08:21
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Umsatz im Gastgewerbe sinkt im Juni (Dow Jones)
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DOW JONES--Das Gastgewerbe in Deutschland hat im Juni nach Ergebnissen des Statistischen Bundesamtes (Destatis) kalender- und saisonbereinigt real 1,2 Prozent weniger umgesetzt als im Mai. Nominal sank der Umsatz um 0,9 Prozent. Im Vergleich zum Vorjahresmonat ......
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