THIS SECTION IS FOR NEWS AND INTERESTING STORIES RELATED TO FOOD, NUTRITION AND FOOD PROCESSING. THEY ARE NOT NECESSARILY RELATED TO KOSHER BUT MAY BE OF INTEREST TO THE KOSHER CONSUMER, MANUFACTURER OR MASHGIACH.
December 28, 2021 from The Globes.com:
"The Israeli food manufacturer and distributor says it can no longer absorb the rise in commodity and shipping costs.
"Israeli food manufacturer and distributor Osem Investments Ltd. has announced that it is raising the prices of its products by an average of 4.6%. In a letter sent to retailers, Nestle unit Osem reported that it is hiking the prices of its products by between 3% and 7%. Materna baby formula products will not rise in price. "This rise partially covers the major price rises of inputs and shipping," the company said.
"Dozens of products in many categories will rise including salty snacks like Bamba, Bisli, Apropos, Dubonim and breakfast cereals including Cheerios, Fitness and Crunch. Other price rises include on coffee products like Nescafe and Starbucks coffee capsules as well as Tzabar Humus and Tivol vegetarian products. Also on the list are Perfecto pastas, ketchup, soup and soup powders, breadcrumbs, sauces, flour, pastry products, crackers, cookies, Gerber baby products and more."
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