Pet food retailer Fressnapf Switzerland cuts prices

Pet food retailer Fressnapf Switzerland cut the price of premium pet food for all customers with the company's loyalty card.
Applicable to pet food brands such as Royal Canin, Iams, Eukanuba, Hill’s, Happy Dog/Happy Cat, Pro Plan, Select Gold, Iso Dog/Iso Cat, Nutro Choice, Almo Nature and Schweizer, the 10 percent discount applies immediately in stores and in the company’s online shop. The price-drop campaign is also supported by new Facebook ads, online banners and customer flyers. 

DuPont offers tool to measure impact of changing food prices

DuPont has enhanced its Global Food Security Index, which captures the impact of changes in global food prices at a national level where price fluctuations are felt most directly. Developed by the Economist Intelligence Unit, the Price Adjustment Factor tool measures the impact of changing food prices and income growth over time, in an effort to better understand the root causes of hunger.
“Many factors affect food prices, from rising demand in emerging markets to abrupt changes in the weather,” said EIU global forecasting director, Leo Abruzzese. “The new Price Adjustment Factor tool will assess, quarterly, the impact of price changes on a country’s ability to afford food. High and volatile prices can impact food security by limiting consumers’ purchasing power and calorie consumption.”
The Global Food Security Index, available online, addresses the underlying factors of food insecurity in 105 countries and points to areas for improvement and reforms. Features include:
• The impact of changing food prices on each country’s ability to afford food
• Analysis of key findings
• Definition of 25 global indicators that measure specific aspects of food affordability, accessibility, availability, nutritional value and safety
• An interactive heat map of overall scores and detail of category results
• Adjustable weightings to allow for scenario planning
• The ability to compare multiple countries simultaneously and adjust rankings by indicators
• A country details page that allows a food-security drill down into individual economies

Pet food costs rise in the US, analyst says

The cost of pet food in the US continues to rise at a faster rate than many other consumer expenditures, according to one analyst.
From 2005-2011, the inflation rate, or consumer price index, rose 2.4 percent annually, while the price of many consumer goods rose at an even faster rate. However, the price of pet food during that period rose at double the inflation rate, 4.8 percent, according to research by Sanford Bernstein senior analyst, Todd Juenger.