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 March 2016

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

    FX Rates

    Currency against Sterling Opened March Closed March
    Dollar 1.39 1.43
    EURO 1.28 1.26

    Softs

    Cocoa bean prices rose on both LIFFE London (+8%) and ICE US (+6%), mainly due to concerns about the effect of the Harmattan winds on quality in the main harvest and the volume of the upcoming mid-crop in West Africa. Cocoa butter prices in the UK rose (+14%), due to the increase in bean prices and recent forecasts which show grinding is expected to exceed production in 2015/16.

    Oils and Fats

    Soyabean oil prices increased on CBOT US (+2%), but remained stable in Rotterdam (0%). Soyabean oil exports from Argentina, the world’s largest exporter, are forecast to increase 13% y-o-y to 5.9m tonnes in 2015/16.

    Rapeseed oil prices rose in Canada (+1%), but fell in Rotterdam (-2%).

    Palm oil prices rose in Indonesia (+1%) driven by rising domestic demand, primarily from the biodiesel industry, but remained stable in Rotterdam (0%) and Malaysia (0%).

    Palm kernel oil prices rose in Rotterdam (+18%).

    Coconut oil prices rose in Rotterdam (+15%) and the Philippines (+5%).

    Sunflower oil prices rose in Rotterdam (-2%).

    Extra virgin olive oil prices fell in Spain (-3%), but remained stable in Italy (0%). Lampante olive oil prices decreased in Spain (-4%).

    Grains

    There are some concerns over dry weather in the US wheat growing region, however generally the northern hemisphere wheat crop is progressing well. Feed wheat prices remained stable on LIFFE UK. Milling wheat prices increased in Canada (+7%), were stable in the UK (0%), but fell on LIFFE Paris (-3%).

    Ingredients

    US almond prices fell again (-17%), influenced by better-than-expected production in California in 2015/16. In Europe, Spanish almond prices were up (+4%). Hazelnut prices were stable in Turkey (0%) but fell in Spain (-8%).

    In the dried fruit market, Turkish sultanas were down (-5%), with US raisins also falling (-1%), albeit slightly. Dried apricot prices declined marginally (-1%) in Turkey.

    Milk and Dairy

    EU butter prices fell (-6%) due to higher production and low milk prices but are showing increases in early April.

    Despite a slowdown in production, WMP prices in the EU also fell (-3%).

    SMP prices were stable (0%) in the UK but large amounts of stock heading for Intervention in April are pushing prices up.

    Cheddar prices remained stable.

    EU egg prices rose (+1%) due to increased demand from the US and avian flu outbreaks in France. EU processed egg prices fell driven by lower whey prices, with liquid yolk and liquid white down (-7%) and whole liquid egg also down (-2%).

    Energy

    Brent crude oil on ICE London rose (+17%) due to a smaller than expected rise in US stockpiles, expectations of a production cap, stronger demand and a weaker US dollar.

    EU diesel rose (+15%) as stock levels fell due to seasonal refinery maintenance and increased demand.

    UK petrol (+4%) rose due to increased demand.

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