REPORTER: FOODSERVICE: The Main Driver For Rising Prices
This article was originally featured in the Summer 2021 Edition of Urner Barry's Reporter magazine.
Foodservice is undoubtedly recovering faster than anticipated. Rapid price increases at the wholesale level are possibly the best indicator to help identify the recovery trend. The “pent-up” demand from foodservice operators as restaurants and bars reopen across the U.S. has been one of the main drivers for such price acceleration from late February and early March to early June. However, price trends during the previous months were still somewhat supportive for many animal proteins.
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