Sales of refrigerated ready-to-drink coffee units rise 155%. Tea doesn’t fare badly, either. Sales of canned and bottled tea, a billion-dollar industry, rise nearly 5%.
Based on the latest findings, it’s possible that consumers are passing up their local coffee and tea shops for the nearest grocery store because ready-to-drink coffee and tea sales are increasing.
Data provided by SymphonyIRI Group, Chicago, show that sales in the shelf-stable tea/coffee ready-to-drink category rose 3.2% to $1.6 billion in the 52 weeks ended July 8, 2012, with the unit sales also showing an increase of 5.1% to 747.7 million.
Conventional milk’s national weighted average advertised price for half gallons this period, $2.27, is 14 cents below two weeks ago.
October 5, 2012
Cheese prices across the U.S. continued to move higher this week and milk production is increasing, to varying degrees, across most regions of the nation, reports the USDA's Dairy Market News.
Nonfat dry milk markets are firm but milk production varies depending on the region
September 28, 2012
Demand for mozzarella is good as new pizza promotions are surfacing. Cheddar sales are also good as processors are looking to secure additional product
Low milk prices, extreme feed costs and bad weather are expected to slow production growth in export regions to a trickle.
September 27, 2012
Rabobank forecasts a reduction in the exportable surplus available from what it calls the “Big Seven” export regions (the EU, U.S., Australia, New Zealand, Brazil, Argentina, and Uruguay) in the closing months of 2012 and first half of 2013. That would be the first such reductions in more than four years.
Strong Class I demand in the East has reduced manufacturing milk supplies. The cheese market has had ups and downs, but remained generally steady over the past six weeks.
September 14, 2012
Strong Class I demand in the East has reduced manufacturing milk supplies. Along with reduced milk production levels this has increased demand for milk and components from other parts of the country. Florida milk production is nearing seasonal lows and imports totaled 96 loads this week.
In this week's Dairy Market News, the USDA reports cheese market price gyrations are creating more uncertainty, a tightening of milk supplies in the East, and firming butter prices. Foodservice orders are at good levels as restaurants prepare for the summer vacation season.
Butter pricing is firming this week, cheese production nationally remains heavy, Northeast milk production is widely believed to have reached a plateau, and California milk output is mostly steady and remains at or near the seasonal peak, reports the USDA this week.
Dairy processors make gains on average prices, but unit sales of yogurt, cottage cheese and sour cream all fall in the latest 52 weeks.
May 14, 2012
While unit sales decreased 3% in the yogurt category, dollar sales were up almost 9% to $4.7 billion and the average price per unit increased 13 cents, for the 52 weeks ended March 18. According to Chicago-based SymphonyIRI Group, No. 3 Agro Farma Inc., New Berlin, N.Y., the maker of Chobani Greek yogurt, posted the largest gains. Dollar sales were up 128% to $704 million and unit sales rose 132%.
Sales in the natural cheese category were up 7% last year, with shredded cheese outpacing the industry. But overall, unit sales were weak.
April 10, 2012
For the 52 weeks ended Jan. 22, the natural cheese category saw increases in dollar sales (7%), unit sales (0.6%) and an average price increase of 20 cents according to Chicago-based SymphonyIRI Group.