Cryptofod

Pistachio prices have surged to multi-year highs as the war in Iran tightens supply. Now, South Africa's Karoo region is stepping into the spotlight, as farmers bet they can carve out a place in a market long dominated by a handful of producers. Bloomberg's Jennifer Zabasajja reports.

Magnolia Bakery CEO Nathan Louer discusses US franchise expansion, remaining an 'attainable luxury,' and why driving traffic is the key to the company's long term strategy. He talks with Katie Greifeld and Bailey Lipschultz on "The Close."

Carbone Fine Food Co-Founder Mario Carbone discusses global upheaval affecting food costs, 'cautious' customers, and why being experimental is part of their DNA. He talks with Katie Greifeld and Bailey Lipschultz on "The Close."

HelloFresh Group Global President Assaf Ronen discusses consumer spending, grassroots marketing, and how consumers are using the brand to 'hedge' food costs. He talks with Katie Greifeld and Romaine Bostick on "The Close."

McCormick CEO Brendan Foley joins Bloomberg Open Interest to break down the company's move to acquire Unilever's food business, revealing a strategy centered on global scale, flavor innovation, and supply chain control. He explains how McCormick plans to outcompete private labels, tap into wellness trends, and build a dominant "flavor powerhouse" through both acquisitions and in-house innovation.

Bloomberg Opinion columnist Javier Blas says the war in Iran, and the blockage of the Strait of Hormuz, has prompted warnings about another bout of global food inflation similar to the one that followed Russia's invasion of Ukraine. Despite those fears, the agricultural market isn't at risk today, at least in the short term. Oil prices may be soaring, but the world's plentiful food stocks are helping to keep commodity prices in check. However, if the US doesn't find an off-ramp from the war, rising energy and fertilizer costs could eventually push the farming industry to a breaking point. Speaking to Stephen Carroll on Bloomberg Radio Javier Blas says we're not there yet though.

Sysco Corp. is acquiring Jetro Restaurant Depot LLC for $29.1 billion from billionaire Nathan "Natie" Kirsh. The deal will create one of the largest food-service groups in the US. Liana Baker reports.

The availability of an alternative route for getting crude from Saudi Arabia to Asia, the Red Sea, has become more of a risk after Houthi militants entered the Middle East conflict. Bloomberg's Brendan Murray explains.

Social media has turned niche foods into global sensations at unprecedented speed, sending demand for products like matcha, ube, acai and Dubai chocolate far beyond their traditional markets. Cornell professor Miguel Gomez says influencers can create demand spikes that supply chains struggle to meet, exposing farmers and producers to volatility and quality risks. In matcha, the surge has been especially intense: Matchaful founder Hannah Habes says demand has accelerated so quickly that shortages and rising prices have become hard to avoid, while retailers like Meadow Lane in New York are now treating sourcing as part of the product itself. As Scarlet Fu reports, viral food trends are reshaping not just what consumers want, but how global supply chains are forced to respond.

Pernod Ricard and Brown-Forman are discussing a merger to consolidate amid an industry downturn. A combination would bring together Pernod's brands like Martell Cognac and Absolut Vodka with Brown-Forman's whiskeys such as Jack Daniel's and other brands including Fords Gin and Herradura tequila. Bloomberg's Manuel Baigorri reports.