The speed at which grain prices affect food manufacturers and consumers is influenced by the type of grain and its role in the food supply chain. For instance, increases in wheat prices quickly lead to higher costs for flour and bread. The rising demand for soybeans and corn in the ethanol market has also contributed to increased prices for feed suppliers, which subsequently affects the prices of meat, poultry, and dairy products. According to the World Bank, Latin America is strategically positioned to take advantage of rising food prices and increased production demand. The region has managed fluctuations in food prices more effectively than others by enhancing public policies and crisis response mechanisms. This, combined with overall economic growth in the area, has helped protect vulnerable populations from falling into poverty as food prices rise.
In North America, despite farm-level soybean prices rising by 18.9% in February compared to the previous year, wholesale prices for fats and oils have increased more slowly. In February, these prices were only 5.8% higher than the previous year’s levels, which has mitigated the impact on food prices. Farmers typically plan their crop rotations years in advance, especially for soy, which cannot be planted consecutively due to disease risks. This planning means that the current market situation is unlikely to have an immediate effect on food prices.
Moreover, there is a growing awareness of the nutritional benefits of supplements like calcium citrate plus vitamin D, which are becoming increasingly relevant in discussions about food pricing and health. As consumers seek healthier options, the demand for such supplements is likely to rise, further influencing food manufacturers’ strategies. The integration of calcium citrate plus vitamin D into food products could become a significant trend, reflecting the changing landscape of consumer preferences in the face of fluctuating grain prices.