All news articles for August 2012

Cargill full year earnings ‘not up to expectations’: CEO

Cargill full year earnings ‘not up to expectations’: CEO

By Caroline Scott-Thomas

Cargill has reported an 82% slump in profit for the fourth quarter and a 56% drop for the fiscal year, citing cyclical trends in soybean processing and American beef, as well as wider economic and political factors.

Nestlé's Pure Life range was a star performer for Nestlé Waters

Nestlé first half results: Pros and cons

By Rod Addy

Europe and North America were the worst performing regions for Nestlé according to its first half (H1) results, while Asia, Oceania, Africa and emerging markets delivered double digit growth.

US senators step into corn ethanol debate

US senators step into corn ethanol debate

By Carina Perkins

A bipartisan group of US senators has called on the Environmental Protection Agency (EPA) to help the meat industry cope with drought conditions by adjusting the corn-ethanol mandate for the Renewable Fuel Standard (RFS).

Brazil cited as a leading poultry exporter

Brazil cited as a leading poultry exporter

By Nicholas Robinson

A detailed report looking at the impact of Brazil’s agricultural impact on third-country markets has been published, highlighting Brazil as a leading poultry exporter.

White House responds to ‘historic’ drought with $30m disaster aid

White House responds to ‘historic’ drought with $30m disaster aid

By Caroline Scott-Thomas

The worst drought to hit the United States in half a century is having dramatic effects on crop and livestock production, President Obama said in a White House briefing Tuesday, in which he called on Congress to pass a Farm Bill that includes more disaster...

What’s new in the meat-free market?

Special edition: Meat alternatives

What’s new in the meat-free market?

By Caroline Scott-Thomas

Meat-free burgers, sausages, and other meat analog products have come a long way in recent years, but there is still room for improvement in texture and taste, as companies continue to strive for more meat-like attributes – and a bite of the meat-free...

Firm secures US certification for E.coli kit

Firm secures US certification for E.coli kit

By Carina Perkins

A food safety technology company has achieved US certification for its new E.coli testing kit, which allows manufacturers to rapidly test meat samples for the deadly bug.

Senomyx announces dual-purpose sweetness enhancer for HFCS and sucrose

Senomyx announces dual-purpose sweetness enhancer for HFCS and sucrose

By Caroline Scott-Thomas

San Diego-based flavor firm Senomyx has discovered a new taste modifier ingredient that can enhance the sweet flavor of both high fructose corn syrup (HFCS) and sucrose, allowing food manufacturers to use less of either sweetener in formulations.

Iced tea contains a high level of oxalate, which can increase the risk of kidney stones, warns Milner.

Iced tea consumption linked to kidney stones

By Nathan Gray

High consumption of iced tea drinks could be linked to the formation of kidney stones – especially in those who are at high risk of the painful disorder – warns one researcher.

Tofu is one of the most popular meat analog variants

Special edition: Meat alternatives

Firm growth for meat substitute products

By Rod Addy and Nathan Gray

The total market for analogs and meat free products is set to rise by 4.4%, from €2.85bn to €3.54bn, in the next five years, according to exclusive data from market analyst RTS Resource.

Top energy drink delays ‘wound closure': US study

Top energy drink delays ‘wound closure': US study

By Ben Bouckley

A study analyzing the effects of dosing cultured animal cells with energy drinks has found that they delayed wound closure, but not due to the combined or isolated effects of major ingredients caffeine, taurine and glucose.

Marfrig to work on third-party emissions

Marfrig to work on third-party emissions

By Nicholas Robinson

Marfrig Group, a leading global food producer, has concluded that 95% of its global greenhouse gas (GHG) emissions come from third-party sources.

Digital marketing giant Valassis intros Facebook coupon app

Digital marketing giant Valassis intros Facebook coupon app

By Caroline Scott-Thomas

Digital marketing firm and couponing giant Valassis has introduced a new Facebook app for consumers to access coupons and savings directly on Facebook, combining the company’s digital coupon distribution expertise with Facebook’s sharing and graph functions.

Kraft boosts profits 5% in Q2, reaffirms outlook

Kraft boosts profits 5% in Q2, reaffirms outlook

By Caroline Scott-Thomas

Kraft Foods reported a 5.4% rise in second quarter net profit, more than offsetting higher raw material costs and adverse effects of currency exchange rates, the company said on Thursday.

Diacetyl - used as a butter flavouring in popcorn - could be linked to the Alzheimer's disease process

Butter flavouring linked to Alzheimer's disease

By Nathan Gray

An artificial food flavoring compound used for its butter-like taste and mouthfeel may be linked with key processes in the development of Alzheimer's disease, according to new research.

Costly consolidation should benefit business in future, says Ralcorp

Ralcorp set to fork out $22m on consolidation

By Kacey Culliney

Diversified private-brand specialist Ralcorp Holdings has announced it will consolidate its cereal, pasta, snacks and sauces businesses at a price of $17m-$22m in a bid to improve efficiency, slash costs and drive business forward.

Kellogg's eats its way into the snacks arena, at the expense of its cereals?

Snacks: Kellogg’s Q2 cereal killer?

By Kacey Culliney

As Kellogg posted its Q2 results, the spotlight was on its snacks dedication with key brands soaring as cereal sales dipped slightly.

Bakers oppose FDA research into labeling of added sugars

Bakers oppose FDA research into labeling of added sugars

By Caroline Scott-Thomas

The American Bakers Association has submitted comments to the Food and Drug Administration (FDA) opposing a research proposal to examine how consumers might perceive labeling of added sugars on nutrition labels.

EPA reviews meat industry call for ethanol reform

EPA reviews meat industry call for ethanol reform

By Arabella Mileham

The US Environmental Protection Agency (EPA) has said it is “reviewing” the meat industry’s petition to the EPA to waive the federal mandate on corn ethanol production during the drought that is sweeping the US.

Maple Leaf warns of challenging commodity markets

Maple Leaf warns of challenging commodity markets

By Nicholas Robinson

Canadian processor Maple Leaf Foods has reported improved profits for the second quarter, but warned that weather conditions could cause challenges in the year ahead.

Altitude effect on livestock studied

Altitude effect on livestock studied

By Nicholas Robinson

The effects of low and high altitudes on selective breeding have been studied by researchers in a paper for the Journal of Animal Science.

Canada puts $600k into listeria testing

Canada puts $600k into listeria testing

By Carina Perkins

The Canadian government has announced a $600,000 project to improve testing for the bacteria behind the life-threatening food-borne illness listeriosis.

The fight against obesity: A new investment megatrend?

The fight against obesity: A new investment megatrend?

By Caroline Scott-Thomas

Obesity is a ‘global sustainability megatrend’ likely to take decades to address – but it could also provide opportunities for investors looking to support those industries aiming to be part of the solution, including parts of the food industry, according...

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