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Finding Alternatives for Vanilla, Pectin (Food Business News)

(Jeff Gelski) KANSAS CITY — While the bearish market continues for commodity prices in the food industry, food companies are not completely out of the woods when it comes to high ingredient prices. Vanilla and pectin are two examples where alternatives may be considered to address costs. Prices for wheat, corn and soy generally were down in 2016, and prices for corn and soy ingredients were below that of a year ago. The pricing situation is different for a few other ingredients. Poor crops years have affected the ingredient prices for vanilla and pectin (a gelling and texturizing agent). Finding alternatives…

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