The free trade agreement (FTA) to be signed by Australia and China is expected to provide the former's dairy farmers tariff-free access to the latter's infant formula market over the next four years. Australian Government sources were ...
Tags: dairy farmers tariff-free, infant formula market, Agriculture
Chinese President Xi Jinping. Australian exporters are set to benefit from an historic trade agreement signed between Australia and its largest trading partner, China. This deal, which took nine years of negotiation, represents a victory ...
Tags: PTA, Australian exporters, agriculture
Convenience food producer Amy’s Kitchen is planning to expand production capacity by acquiring Heinz's former site in Pocatello, Idaho. The move in the wake of double-digit growth registered by the company in the past year. The ...
Tags: Convenience food, Amy's Kitchen, Agriculture
UK-based dairy food company Dairy Crest has recalled certain date codes of Morrisons and Supervalu from Budgens Whole British Milk as they have been contaminated with cleaning fluid during its production, according to the UK Food Standards ...
Tags: British Milk, cleaning fluid, Agriculture
French dairy major Danone has agreed to invest €437m in Chinese infant formula producer Yashili, in a move to acquire 25% stake. The investment is said to form a part of the company's strategy to expand its footprint in China. ...
Tags: Yashili, Mengniu Dairy, Danone, Agriculture
BRF ended the third quarter of 2014 with net income of R$ 624 million, an increase of 117.5% over 3Q13. This performance arose from the management techniques and processes that have been implemented over the last year and highlight the ...
Tags: Brazilian operations, Net Operating Revenues, Agriculture
Wisconsin-based Baker Cheese Factory is expanding its St. Cloud cheese production facility by investing $7m in equipment for its modernisation. Baker Cheese also proposes to invest in new waste water treatment plant to assist its whey ...
Maelor Poultry is expected to invest £10m in the site of a former cheese packing factory, First Milk, near Wrexham in the UK. As reported in the Daily post, the chicken processing company Maelor Poultry that bought the site is ...
Dairy Queen has relaunched Reese’s Peanut Butter Cups Blizzard Treat, just in time for fall. Milk chocolate Reese's Peanut Butter Cups are blended with creamy DQ vanilla soft serve to create an irresistible flavor combination. The ...
UK-based Dairy Crest has agreed to divest its Dairies operations to Müller UK & Ireland for £80m, citing slump in profits during the six months ended September. The transaction includes production plants at Foston, Chadwell ...
Tags: fresh liquid milk, Dairy Crest, Agriculture
US-based Liqui-Box, a liquid packaging company, has opened a new facility in China. With this new 120,000-ft2 facility, Liqui-Box expects to reach its growing customer base in Asia markets. ChinaDaily quoted Liqui-Box Asia-Pacific ...
The Irish Dairy Board (IDB) has expanded its product range to China with the introduction of Whole Milk under its new Kerrygold Chinese trade mark. The launch is said to form a part of IDB's strategy to develop premium dairy products ...
US-based WhiteWave Foods has acquired So Delicious Dairy Free, in a previously announced deal worth $195m. Earlier in September, WhiteWave Foods agreed to acquire So Delicious Dairy Free from its existing shareholders, led by Wasserstein ...
Tags: WhiteWave Foods, Dairy Free, Agriculture
French dairy company Danone is increasing its stake by more than 90% in Moroccan dairy firm Central Laitière with an investment of €278m ($348m), in an effort to cut down its reliance on European region, where dairy is ...
Tags: Moroccan dairy, Agriculture
Israeli dairy processor Tnuva is looking at the possibilities of exporting cheese to Russia, with a hope to fill in the gap created due to the one-year ban on food imports from Europe and the US. In 2013, Russia imported 250,000 tons of ...
Tags: Israeli dairy processor, exporting cheese, Agriculture