Summer 2018 Market Forecast
Time to ‘Brexit-proof’ your business
With so much uncertainty still surrounding the details of the UK’s exit from the EU, whenever it eventually happens, it’s now time for hospitality and foodservice to do everything possible to mitigate the impact.
Summer 2018 Market Forecast
Labour shortage creates challenge for UK producers
With the sun shining for much of the time over recent weeks, UK producers are expected to recover relatively quickly from the impact of freezing conditions at the start of spring. Both labour shortages and a late start to the growing season caused by the ‘Beast from the East’ combined to push up the prices of a range of fresh produce.
Spring 2018 Market Forecast
Tackle a tough market with effective buying habits
The trading challenges recently reported by a number of high profile casual dining operators are being reflected across the industry. Hospitality and catering operators will need to significantly improve their buying habits in order to deal with continued consumer caution over the months ahead.
Autumn 2017 Market Forecast
Time to start planning for 2018
Hospitality and catering operators are gearing up to deal with higher prices from food and drink suppliers this Christmas – but very few have started to plan for the challenges of trading in the new year.
Summer 2017 Market Forecast
Keep calm and carry on cooking!
The foodservice industry will be fervently hoping for some economic stability as Brexit negotiations get seriously underway after the General Election.
Spring 2017 Market Forecast
Staying on Top of Rising Prices
Troubles rarely travel alone, they say, and when it comes to rising food and drink prices, a number of factors are combining to cause significant challenges for the foodservice industry in the months ahead.
Autumn 2016 Market Forecast
Suppliers Uncertain As Sterling Drop Continues
Caterers should stay cautiously optimistic as they wait to see the real impact of the move towards Brexit on food and drink prices. With the Government having confirmed that Article 50 will be triggered in the first quarter of 2017, we can start to see the timetable for Brexit,
but it’s still not clear what it will mean in terms of our trading relationship with Europe and the rest of the world.
Summer 2016 Market Forecast
Brexit fears hitting produce prices
Uncertainty over the UK’s future in Europe is affecting food and drink prices, with the implications of a potential Brexit hitting
confidence at key points in the supply chain.
In the run-up to the referendum, suppliers are reporting a range of factors combining to put upward pressure on the prices being paid by caterers. While there are strong views in both camps as to whether Brexit would be good for the UK in the long-term, the extended debate is having an impact.
Spring 2016 Market Forecast
Watching the weather
The UK’s unpredictable weather means caterers are likely to face uncertain supplies and higher prices for a range of produce this spring. The long, mild spell that lasted through November and into December has left both growers and produce suppliers waiting to count the cost.
While newspaper stories during the very mild start to winter were all about wild flowers still blooming, farmers and growers were more worried about crops planted in the autumn also having an early growth spurt. This could mean they will either be harvested earlier, or will struggle to sustain quality right the way through until picking.
Autumn 2015 Market Forecast
‘Hold Your Nerve’ on Christmas Pricing, urges Lynx Purchasing
Operators ordering essential seasonal produce such as turkeys have room for negotiation with suppliers thanks to lower costs this year, advises buying specialist Lynx Purchasing.
‘Hold your nerve’ is a key message in the newly-published Autumn 2015 edition of the Lynx Purchasing Market Forecast. Lynx managing director John Pinder said, “Most hotels, restaurants and pubs have their Christmas menus in place by now and hopefully, bookings starting to fill the December diary.