Bakery Suppliers and Catering Suppliers

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Trade account holders can place their orders on line 24 hours a day 7 days a week making ordering from BAKO even easier. Find out now how easily ordering online from BAKO can be.

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Important Customer Information

To achieve a high level of health protection for consumers, the buyer is advised that products supplied from BAKO North Western are produced/retailed in line with stringent current guidelines. It is the sole responsibility of the buyer that products which may contain allergens or products which may cause intolerances' be manufactured/retailed in line with current legislations.


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Market Report Update

  • Market Report up until September 2014

    All percentage changes in this report refer to month-on-month price changes and are provided by mintec.

    FX Rates

    Currency against Sterling   Opened July   Closed July
    Dollar   1.711   1.689
    Euro   1.248   1.2461

    Soft Commodities

    Sugar prices decreased on ICE (-9%) and LIFFE (-9%) as global production is expected to be greater than demand. Strong demand continued to cause cocoa bean prices to increase on the ICE (+2%) and LIFFE (+1%). However, cocoa butter prices have fallen (-7%). Cocoa powder prices have decreased (-8%) due to low demand.

    Oils and Fats

    Soyabean oil prices fell in Rotterdam (-6%), driven by the prospect of record US soyabean crops and downward pressure from alternative oils such as palm oil. Palm oil prices fell in Rotterdam (-8%), driven by good production levels which increased exports. Palm kernel oil prices fell in Rotterdam (-10%) following the fall in palm oil prices. Rapeseed oil prices fell in Rotterdam (-8%) due to the prospect of a record EU crop. Sunflower oil prices fell in Rotterdam (-6%), driven by favourable yields from the Black Sea region. Coconut oil prices fell in the Philippines (-11%) and in Rotterdam (-7%). Extra virgin olive oil prices rose in Spain (+10%) and Italy (+3%), driven by concerns over dry weather affecting the 2014/15 crop. Lampante olive oil also rose in Spain (+8%).

    Grains

    Milling wheat futures fell on CBOT US (-5%) and LIFFE Paris (-3%) due to good global supply but the quality of much of the crop is not so good and is being diverted to feed. Oats prices fell in the UK (-4%).

    Ingredients

    Almond prices in the US increased (+1%), but remained unchanged in Spain (0%). Prices remain high due to earlier droughts in California and the collapse of the bee population reducing pollination. Overall Turkish hazelnuts continue to increase (+3%) following the severe frosts in March. The high priced Turkish dried apricots fell (-5%). unaffected by the frosts, Turkish raisins and sultana prices have decreased (-7%) on average in the EU, supported by recent warm, dry conditions. both black and white pepper prices have increased due to high domestic demand limiting supply, with prices rising in India (+8%).

    Vegetables

    Potato prices continue to fall on average across Europe, with the UK (-19%) whilst onion prices were up (+10%).

    Milk & Dairy

    EU milk production peaked in May and has been falling since; however, production remains up y-o-y. EU butter prices were mixed, with prices in the UK stable (0%). Dried milk prices in the EU continued to decrease, with SMP declines seen in the EU of around (- 8%) and WMP prices also down by (-4%). Mild cheddar prices in the UK increased (+1%). EU shell egg prices were up (+2%) whilst EU liquid egg were stable.

    Energy

    Prices for Brent crude oil (-5%) on ICE London fell as exports from Iraq continued without major disruptions and production from Libya now expected to stabilise. Prices fell in Europe for petrol (-8%) and diesel (-4%), influenced by crude oil prices.

A Warm Welcome to BAKO North Western.

BAKO North Western is a leading food service company, specialising in bakery supplies, serving the North West region from the company's headquarters in Preston, Lancashire. Launched over 50 years ago as a regional buying co-operative , today BAKO provides bakery ingredients, Food Ingredients, and food service products to Bakers, Butchers, Food Manufacturing Companies, Catering Companies, Restaurants, Cafes, Coffee Shops, Sandwich Shops, Schools, Colleges and indeed any sector where a quality food wholesale supplier can add value to our clients business. The area we cover includes Lancashire, Cheshire, Parts of Cumbria, Merseyside, North Wales, Greater Manchester, West Yorkshire, South Yorkshire, Leicestershire and Nottinghamshire. Visit our Contact page for more information on the areas we cover.

Trade customers looking for the UK's leading Bakery Supplies Company choose BAKO every time for ambient, chilled, frozen, food ingredients and non food products as a result of over 50 years food service experience to the bakery industry, food manufacturing and customer focussed food industries.

Why not join us today, call 01772 664300