The Canadian government and the country’s meat industry have announced a joint action plan to enable hard-pressed pig farmers survive a perfect storm of low prices, high feed costs and trade problems, including the strong Canadian dollar.
Kellogg’s boss John Bryant said he was "very disappointed" by the recent Mini-Wheats recall in a call with analysts yesterday, but insisted that it was not a reflection of "systemic" supply chain problems.
Brazilian agriculture officials have assured that the relaxation of foot-and-mouth disease vaccinations in the country’s north-eastern states will not prevent the region from becoming recognised as FMD-free next year.
American financial analysts have warned that meat producers and processors are losing business as the impact of Hurricane Sandy, one of the worst storms to batter America, continues to cripple the eastern seaboard.
Food and beverage manufacturers with offices and factories on the East Coast have taken precautions to protect staff and keep their businesses running as smoothly as possible as Hurricane Sandy kicks in.
Flowers Foods has expanded its bakery empire with the acquisition of certain Sara Lee and Earthgrains assets and trademarks in California and Oklahoma City from Grupo Bimbo subsidiary BBU, Inc, for an undisclosed sum.
After buying Vermont Hard Cider Company for $305m, C&C Group said the firm offered it strong growth prospects due to low US cider penetration, while the deal also snagged it 20% of a Chinese start-up brand.
Dr Pepper Snapple CEO Larry Young has urged patience on the firm’s new mid-calorie TEN portfolio, as analysts quizzed him on whether the brand was cannibalizing regular Dr Pepper sales, down 2% in Q3 2012.
Twinkies-maker Hostess Brands says it hopes it will be able to exit Chapter 11 in a few months, but has warned employees in the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM) that strike action will force it to liquidate...