Cocoa deficit to bring prices higher, predicts Rabobank
A consecutive deficit in 2012/13 is set to move cocoa prices higher as supply struggles to meet rising demand for chocolate products in Asia, according to financial services group Rabobank.
Archives for May 21, 2012
Scientific breakthrough in fighting food industry pathogens
Scientists have come closer to tackling Campylobacter in the food industry in a groundbreaking discovery that could have implications for fighting other foodbourne pathogens.
ConAgra Foods snaps up Kangaroo Brands’ private label pita chips business
ConAgra Foods' buying spree has continued with the acquisition of Wisconsin-based Kangaroo Brands’ private label pita chips business - its fourth deal in the 2012 fiscal year.
UK’s NFU boss attacks GM wheat vandals
Anti-GM wheat attackers are the equivalent of Nazi book-burners, according to the president of the UK National Farmers’ Union (NFU).
Article 13 appeal in the global functional food market: Leatherhead
Growth rates across the global functional food market have contracted but product development remains high and companies are increasingly focused on general health claims, covered under article 13 of the EU nutrition and health claims regulation (NHCR),...
Fonterra closer to China's dairy market with Shanghai innovation centre
Kiwi dairy giant, Fonterra, has opened a new innovation centre in Shanghai as part of its strategy to tap into China's mushrooming premium dairy nutrition market.
Greencore sales rise after Uniq acquisition
Irish convenience foods manufacturer Greencore saw its sales soar in its first quarter interim results driven by its recent acquisition of Uniq.
Nature’s One step-up efforts to cut arsenic levels in baby formula
Organic infant formula manufacturer Nature’s One will step-up its efforts to minimise and eliminate the presence of environmental contaminants such as arsenic in its products.
Attorney: POM ruling is a 'stunning rejection' of FTC's stance on 'gold standard' clinical trials to support product claims
While POM Wonderful does not emerge from Michael Chappell’s 335-page ruling smelling entirely of roses, it has successfully challenged the accepted wisdom that firms can only make claims about food or supplements if they are backed at least two ‘gold...
General Mills to cut 850 jobs in cost savings plan
General Mills intends to cut 850 jobs globally as part of a cost savings plan, the company said Tuesday.
Flash pasteurisation and antimicrobial combo hailed as effective Listeria hurdle
Using flash pasteurization in tandem with antimicrobial lauric-arginate-ester (LAE) can curb the growth of Listeria monocytogenes (LM) on frankfurter sausages for up to 12 weeks, according to new US Government research.
North America boosts EU sustainable soy supply
European food manufacturers can access thousands more tonnes of segregated sustainable soy from North America after certified supplies have become available from producer Lang Farms.
Proposed pork facility to be Russia’s largest
Agro-industrial holding Bio-tone has announced plans to begin construction of a new multi-million pig farm and processing plant, which it claims will be the largest pork production complex in Russia.
New Britain applauded for commitment to sustainability
New Britain Palm Oil (NBPO) has received applause from the Roundtable on Sustainable Palm Oil (RSPO) for committing to source 100% RSPO-certified palm oil supplies by the end of 2012.
Nestlé inks dairy farm plan for Inner Mongolia
The Swiss food and beverage firm, Nestlé, has inked a deal with a local government in China’s Inner Mongolia region to build and develop a new dairy farm, according to local media reports.
Young India takes to vodka
The white spirits segment in India is easily outstripping other liquor segments on the back of increased consumption of vodka among the country’s increasing youthful population.
iPhone app for food allergies in Australia
GS1 Australia has launched an iPhone app called the GS1 GoScan that gives consumers access to extended labelling product data as part of 2012 Food Allergy Awareness Week.
Campbell’s fails to heat up soup sales as profit slips 5%
The Campbell Soup Company saw its profit fall 5.4% on declining soup volumes and higher costs in the third quarter, although sales in its US beverages and snacking segments were up.
Low-sodium HVP solves long-standing ingredient challenge, claims Innova
Innova has developed a new low-sodium hydrolyzed vegetable protein (HVP), which it claims solves a riddle that has plagued food scientists for decades – how to create a low-sodium HVP without relying on potassium chloride.