Steady citrus supplies whatever the weather
Ingredients companies may look to more consistent sources of citrus fruit outside of the US to compensate for Mother Nature, according to Blake Anderson, president of Symrise's North America flavor division.
Increased demand and a healthy future for Latin American cocoa
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.
Imcopa to supply non-GM soy lecithin direct to Europe
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.
Bunge bullish after challenging year
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.
Bunge: third quarter results help recover first half loss
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
Coffee prices hit record high
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.
Bunge profits hit by Brazilian disruptions
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.
European food giants to shun illegal Amazon soy
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.
Bunge revises guidance for 2006 after "challenging" Q2
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.
Bunge soybean supply disrupted in Brazil
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.
Certification boost for ethical food makers
New third-party verification that food has been produced
sustainably could help food markers tap the growing trend towards
Soy suppliers accused of rainforest destruction
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.
Cargill taps into Brazilian sugar market
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.
Drought knocks Brazil's soy stocks
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's profit shoots up on soybean yields
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