Chinese lawmakers are in the process of considering a proposed revision to the country’s Food Safety Law which would include the mandatory labelling of all goods containing Genetically Modified (GM) organisms. The central ...
Tags: GM crops, labelling procedure, Agriculture
Brazilian poultry meats exporter and dairy products processor BRF has agreed to form a joint venture (JV) with PT Indofood Suskes Makmur in Indonesia. A binding memorandum of understanding to this effect was signed between both the ...
Tags: milk, ice cream, yoghurt drinks, Agriculture
Food manufacturing was one of four manufacturing sub-sectors to expand in November 2014, according to the Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI). Food manufacturing expansion Among the ...
Tags: Dairy Products, beverages, tobacco
Agribusiness company Cargill is likely to invest around $1bn in Indonesia over the next three to four years. The proposed investment will be used by the company to mark a foray into the poultry sector, in a move to cater to the increasing ...
Tags: Cargill, Indonesian Operations
British agribusiness Sundrop Farms has secured $100m in investment from private equity firm Kohlberg Kravis Roberts & Co ( KKR ) to ramp up vegetable production. The investment will be used in the expansion of Sundrop Farms' greenhouse ...
Tags: vegetable, Agriculture
US-based agribusiness company Alico has acquired three citrus producers in Florida, for an accumulated value of around $363m. Of the total investment, around $274m was paid to acquire Orange-Co and $72m for Silver Nip Citrus, while Gator ...
Tags: Citrus Producers, Agriculture
Dairy and meat industry boost from new China FTA deal A new Free Trade Agreement (FTA) has been finalised between Australia and China, with the Australian dairy and meat industries expected to benefit. Australian Prime Minister Tony ...
Tags: Dairy Industry, Meat Industry, Agriculture
Global meat consumption is still ascending. Its expected growth is pegged at about 1.9% per year from 2014-2023. Meat shipments from major exporters are projected to rise 2.2% per year. “With the tight domestic supply and ...
Tags: Protein Appetite, meat
American agribusiness company Cargill has reported net earnings of $425m in the fiscal 2015 first quarter ended 31 August, down 26% from $571m in the year-ago period. Revenues in the first three months totaled $33.3bn, a 2% change from ...
Tags: Cargill, Net Earnings, Food
Himalya International Limited and Himalya Fresh Foods, a specialty food pioneer and one of the largest and most diversified food and agribusiness companies from India, announced today that its number one selling individually quick frozen, ...
Tags: Himalya, Indian Cuisine
India's Mahindra Agribusiness is planning to foray into the dairy industry by focusing on the production of pouched milk. Growth opportunities in the dairy sector prompted the move by Mahindra as farm productivity in the country is only ...
Tags: Mahindra Agribusiness, Dairy Business, Food
China's New Hope is seeking to build food processing factories overseas, mainly in Southeast Asia, with an estimated outlay of $500m over the next five years. New Hope vice-president Wang Hang was quoted by South China Morning Post as ...
Tags: New Hope, Processing Factories, Food
Cargill, an American agribusiness giant, is planning to close its beef harvest facility in Milwaukee, Wisconsin, citing diminished cattle supply. The company has decided to close the plant following an18-month-long analysis of the ...
Tags: Cargill, Agriculture
American agribusiness company Cargill has expanded its wheat processing plant in Efremov, Russia, with an investment of $100m. As a result of the expansion, the plant can now process 500,000 tons of wheat a year - almost double its ...
Tags: Cargill, Wheat Processing Facility
The Australian food, beverage and grocery manufacturing industry has an annual turnover of approximately $111 billion, directly employs almost 300,000 people, with half of those in rural and regional areas, and generates $24 billion in ...
Tags: food, food packaging, Packaging