Face-to-Face Consumer Interviews For Havering Council
As a result, market prices of the crop from Canada and the US have this month reached their highest peak in a year.
This has been compounded by issues with quality in other durum-producing countries. “Italy, another major producer of durum wheat, is facing poor quality issues after the excessive rain in the May-June period,” Aleksahhina said.
“Yields are relatively strong, but the low carry-out and poor quality of the crop will increase their reliance on high-quality imports.”
Giuseppe Vacca, commercial director for exports at pasta brand Pastificio Liguori, told The Grocer soaring commodity prices would have “inevitable repercussions on the price of pasta”.
However, Aleksahhina said it could be months before these price hikes were passed on to shoppers. “I think it depends on the timing when buyers are contracting these raw materials: some may be well covered for the next six to 12 months,” she explained.
Own Label Penne Pasta 500g has increased an average of 0% across the retailers over the last year according to The Grocer’s Key Value Items tracker, whilst own label Spaghetti Pasta 500g is 2% cheaper on average.
Published in The Grocer, 12th September 2023