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Gavin Lovett will be presenting an informational session on MyRecipes and how to use this as a tool to maximize profit in your establishment, at EIT in Napier on the 9th of March.
Please let us know if you would like more details.
Food prices increased 2% in January 2010, following decreases of 0.3% for both December and November 2009. This rise follows five consecutive monthly falls in the food price index. Prices have returned to levels last seen in September 2009.
In January 2010, significant increases were recorded for dry goods (up 2%), fruit and vegetables (up 5%) and meat, poultry, and fish (up 3%). Non-alcoholic beverage prices rose 2%.
The most significant individual increases came from higher prices for chicken (up 8%), fresh milk (up%), tomatoes (up 22%), and soft drinks (up 2%).
The most significant decreases came from lower prices for lettuce (down 17%) and nectarines (down 23%).
Food prices increased 2% in the year to January 2010, following increases of 1% for both the years to December and November 2009.
Four of the food subgroups increased in the year to January 2010. The increases came from higher prices for grocery food (up 2%), non-alcoholic beverages (up 6%), and meat, poultry, and fish (up 3%).
The fruit and vegetables subgroup decreased 1%t. This is the sixth consecutive annual fall in the fruit and vegetables price index.
The most significant upward contributions came from higher prices for soft drinks (up 9%), ready-to-eat food (up 3%), and tomatoes (up 38%).
The most significant decreases came from lower prices for cheese (down 11%).
Although food prices are now 2% higher than a year ago, they are 12% higher than two years ago.
One great way to increase revenue is to provide an item which can be taken away. Examples of this can be seen in many restaurants with Lone Star being a good example. Imagine a sauce being so good that diners wanted to take it away with them and imagine what this can do to your sales.
One of the new features just released for all users include nutrition cards which can be generated the same way that recipe and costing cards can in MyRecipes. These include all of the essential information required by manufacturers including percentages of ingredients, special diets/ allergies and their nutrition. We welcome your feedback.
With this recession out of the way, and food prices on the decrease finally, welcome back to another year on the MyRecipes roller coaster!
Food prices decrease
The great news from Statistics NZ was that food prices decreased 0.3 % in December – the fifth consecutive month this has happened and the first time since December 1967!
This fall was largely driven by lower prices for the meat, poultry, and fish (down 1.2 %). Prices returned to levels last recorded in October 2008, but are still 10.1 % higher than two years ago.
The most significant individual downward contributions came from lower prices for nectarines (down 24.2 %), corned beef (down 25.6 %), and soft drinks (down 1.4 %).
The most significant upward contributions came from higher prices for potatoes (up 21.7 %), apples (up 17.6 %), and minced beef (up 8.7 %)
Consistency is the key to maintaining profitability in any establishment.
Imagine a diner thinking how amazing a meal was at a hotel or franchised restaurant, then ordering the same meal at another and finding it prepared completely different!
Whats worse? What about ordering the same meal at the same restaurant and finding it different again! Consistency is one of the most important considerations a professional establishment wanting to maintain standards should consider.
MyRecipes premium includes multi-user access and group recipe and menu sharing. This is ideal for restaurant chains or simply several people within the same establishment.
It also includes an approval process where recipes can be submitted by any user then approved for sharing by managers. For more information request a trial of the Premium version!
Prices for the meat, poultry, and fish subgroup decreased 1.2 % in December 2009, following an increase of 0.1 % in November 2009 and a decrease of 3.2 % in October 2009.
Prices for the fruit and vegetables subgroup increased 1.8 % in December 2009, following decreases of 2.0 % and 4.6 % in November and October 2009, respectively. The increase in fruit and vegetable prices follows four consecutive monthly decreases, and prices are now 15.7 % lower than their recent peak in July 2009.
The most significant increases in December 2009 came from higher prices for potatoes (up 21.7 %), apples (up 17.6 %), and bananas (up 4.2 %). The most significant decreases came from nectarines (down 24.2 %), cabbage (down 39.1 %), and strawberries (down 28.3 %). Nectarine prices usually fall in December months following sharp rises in November months, with the December 2009 price fall following the doubling of nectarine prices in November 2009.
For the year to December 2009, fruit and vegetable prices decreased 2.1 %. Annual falls for fruit and vegetable prices have been recorded for the past five months. Fruit prices were down 7.9 % and vegetable prices were up 2.6 % for the year to December 2009.
The most significant downward contributions to the annual fall came from lower prices for apples (down 25.8 %), potatoes (down 14.7 %), and carrots (down 23.6 %). The most significant increases came from tomatoes (up 68.9 %) and lettuce (up 26.4 %).
Other significant decreases in December 2009 came from lower prices for cakes and biscuits (down 2.8 %), soft drinks (down 1.4 %), and yoghurt (down 3.4 %). The most significant increases came from higher prices for margarine (up 8.7 %), coffee (up 5.1 %), and white sugar (up 9.7 %).
The most significant decreases for the year to December 2009 came from cheddar cheese (down 15.9 %), fresh milk (down 3.8 %), and butter (down 28.5 %). The most significant increases for the year to December 2009 were soft drinks (up 9.5 %), white sugar (up 34.4 %), and chocolate (up 5.4 %).
New season fruit now available
Moving out of season
New season vegetables now available
Moving out of season