Brazil’s poultry producers don’t expect significant benefits from having a single global Halal standard, as proposed by Dubai, according to a trade association executive.
Brazil’s trade agency is aiming to broaden the range of Brazilian food products coming in to the Middle East, with 72 specialist companies exhibiting at Gulfood.
The European Commission has revised guide prices for a range of poultry imports – if the value of exports exceed these levels, the European Union (EU) can impose additional duties on their sale.
Leading gelatine supplier Rousselot has announced a price increase of its hide gelatin portfolio on the back of 'severe drought' in Brazil and upward pricing pressure in the South American market.
The Jebel Ali Free Zone Authority (Jafza) is courting Brazilian companies as it promotes its new Halal zones on a promotional tour of Rio de Janeiro and Sao Paulo.
A number of associations have come together to refute claims made by the German Poultry Association (ZDG) regarding a lack of GMO-free soy coming out of Brazil.
Currently the Middle East represents just over 3% of Brazilian confectionery exports, but potential far exceeds that, according to Brazil's industry trade association.
The European Commission has confirmed that key beef exporters Brazil, Argentina and Uruguay will be excluded from the European Union’s future GSP low import duty regime for emerging markets, as they are now too rich to benefit.
Tight global supplies and a challenging economy are likely to push pork prices to record levels in 2013, according to the latest analysis from Rabobank.
A court in Brazil has ordered Nestlé to impose mandatory labelling for all its products in the country highlighting more than 1% genetically modified (GM) ingredients.
Russia is considering banning all meat imports from Brazil and Argentina, due to their poor monitoring of quality compliance, the country’s Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) has said.
Brazilian meat industry and government representatives have defended the country’s efforts to reduce deforestation, regretting the “misinformation” spread by the European media.
The meat industry’s dependency on soya bean to feed animals is the main cause of deforestation in the Brazilian region of Cerrado, the World Wildlife Fund (WWF) argues.
Beef exporters have the potential to increase their revenue by 10% to over $6bn in 2012, the Brazilian Association of Meat Export Industries (Abiec) has announced.
Rabobank has warned that orange juice prices are likely to remain high over the next decade as farmers in Brazil and the US battle higher production costs.
Stern-Wywiol Gruppe has set up a new company to tap opportunities in the Brazilian food and beverage industry, offering initially flour and bakery ingredients from its Mühlenchemie and DeutscheBack businesses.
Tereos has combined its European cereal assets with its Brazilian subsidiary and Indian sugarcane business to create Tereos Internacional, and is setting itself up as a leader in starch ingredients, sugar and bioethanol.
Brazilian soy processor have extended their moratorium on sourcing from newly deforested areas of the Amazon, as efforts to curb destruction of the rainforest need more time to take affect.
There is a growing demand for cocoa from Latin America to meet the
increasing popularity of premium chocolates in Europe and the US,
according to a speaker at the recent meeting of the World Cocoa
Foundation (WCF) in Ecuador.
Brazilian soy crusher Imcopa has set up operations in The
Netherlands with the aim of supplying the European market with
non-GM soy lecithin directly and building awareness of its own
brand amongst food manufacturers.
Ingredients firm Bunge has continued to see an improved performance
in its last quarter, prompting the company to forecast a year of
"improved earnings" next year.
Oilseed processor Bunge has reported an encouraging start to its
second half financial year, after adjustments to its South American
business have allowed the firm to stabilize disrupted business in
the region.
The coffee market was very volatile during the month of August,
particularly with the explosion in Robusta prices, according to ICO
executive director Nestor Osorio.
Leading oilseed processor Bunge has reported a sharp fall in second
quarter profit after farmer protests in Brazil caused a significant
disruption in the company's business.
Europe's leading food manufacturers and retailers are expected to
announce they plan to shun soy grown illegally in the Amazon that
is resulting in depletion of the rainforest.
The world's biggest oilseed processor Bunge has announced a
revision of its net income guidance for full year 2006, after Q2
was more challenging than expected.
Around a quarter of Bunge's soybean processing plants in Brazil
have been affected by farmers' protests in recent weeks, but the
situation looks to be returning to normal, said the company.
McDonald's and a handful of major food ingredient suppliers have
been implicated by a leading environmental campaigner in the
destruction of the Amazon rainforest.
Hungry food ingredients giant Cargill to enter Brazilian sugar and
alcohol production sector for the first time, announcing a new deal
to buy Açucareira Corona sugar mills.
Price rises for soy-related ingredients are still under pressure as
drought, high production costs and a strong real all impact soybean
production for Brazil's 2004-05 crop, writes Lindsey Partos.
Bunge said last week that its first-quarter profit shot up 40
percent on the back of increased soybean yields, provoking the
company to raise its outlook for the year, writes Philippa
Nuttall.
Food makers using soybeans suffered further price increases last
month as a worsening drought reduced production in Brazil and
pushed US soybean prices in February up around $1 a bushel, said
the USDA this week.
Privately owned Gelnex, which pioneered the production of type A
pork skin gelatin in South America, has recently opened a beefskin
gelatin plant in Brazil. Philippa Nuttall spoke to the
company's CEO about the challenges the...
Brazil's main association of soybean crushers and exporters last
week warned farmers and co-operatives of the importance of
honouring forward contracts, according to media reports last week.
Risk assessment and market predictions translate into new pectin
opportunities for Danisco that will break ground on a new pectin
plant in Brazil, to be up and running by 2007, reports Lindsey
Partos.
Firm changes to the heavily criticised European sugar regime are
unlikely to have a significant effect on the world sugar market,
and that prices are likely to remain low, a US sugar industry
analyst tells an international sweetener...