News & Analysis on Food & Beverage Development & Technology
Agribusiness processing giant Archer Daniels Midland Co.'s prospects have brightened as the outlook for its mainstay soybean products and high-fructose corn syrup improves amid favourable commodity trends, analysts said.
The outlook for the dairy market is concerning, although payouts would hold at forecast levels in the short-term, New Zealand dairy processor Fonterra Cooperative Group said on Wednesday.
A major concern of food processors is the inadvertent cross-contact of food products, with allergenic residues, such as eggs. Scientists in Nebraska may have the answer.
One out of every three loaves of bread produced around the globe by a commercial bakery contains emulsifiers from Danisco, the company claims this week. An increasing demand for emulsifiers worldwide are helping the statistics.
People in Parma love food and many live by producing it so they see every reason why their city should be picked to host the European Food Safety Agency.
Japan's Prima Meat Packers Ltd said on Tuesday it would slash its workforce by about 30 per cent by March 2005 to help it weather damage from price falls and the outbreak of mad cow disease in Japan.
Montedison food subsidiary Cereol said on Wednesday it planned to focus its strategy on oilseeds and suggested it could sell its Carapelli olive oil unit.