Landed costs consist of transportation (including truck, rail, barge, and ocean) and farm value.
Given that consumers are prepared to pay more for products they believe to have more nutritional value, many cereal corporations are starting to capitalize on customer demand for healthier options.
Dawn Foods released the Global Bakery Trends study at IBA 2025 and is set to release North American-specific insights of the same study at IBIE in September.
Nitrogen-based fertilizers, particularly urea, saw the steepest rise, up 20% year-on-year to an average of US$390 per tonne
The increase was driven largely by gains in wheat, maize, and rice prices, amid tightening export supplies