Further limits expected for Argentine beef exports
Traders expect the limits imposed on beef exports by the Argentine government to continue, according to a new report from the US Department of Agriculture’s Foreign Agricultural Service (FAS).
Archives for September 23, 2014
US pork price sees upward trajectory
The price of US pork has increased by 10% since the middle of August this year, according to data from global commodity analyst Mintec.
Regulatory roadblocks to AquaBounty's GE salmon ‘seriously damage the global credibility of FDA and its objective, science-based approval process’, warn scientists
90 scientists have written to President Obama urging him to press the FDA into making a decision, one way or another, on whether AquaBounty Technologies should be allowed to introduce the first genetically engineered (GE) animal to the human food supply.
Sweetener competition sees Tate & Lyle issue second profit warning
Shares in Tate & Lyle fell by 17% as the food ingredients firm issued its second profits warning this year, blaming fierce competition in the sweetener market and supply problems in the US caused by a harsh winter.
United Biscuits to axe 157 jobs amid sales speculation
UK firm United Biscuits plans to cut up to 157 jobs at its Manchester plant as rumors of a potential sale to Ülker, Kellogg or Burton’s mount.
Attorney: ‘I don’t think food is the next tobacco… Virtually all 'all-natural' cases face significant hurdles’
While new class action lawsuits over ‘all-natural’ claims on food labels are still filed in the ‘food court’ in California on a weekly basis, some recent orders from judges handling these cases present a glimmer of hope for beleaguered food & beverage...
Pumpkin Spice fastest growing SKU in our history says Chobani (and ‘natural’ claims still resonate, says marketing chief)
Chobani’s ‘limited batch’ Pumpkin Spice Greek yogurt has emerged as the “fastest-growing SKU in the history of the company” and its most successful new launch, following its debut on Labor Day weekend, says the Greek yogurt maker.
FDA launches food safety challenge
FDA: We have a lot of answers, but not all of them
The US Food and Drug Administration is asking for potential breakthrough ideas on Salmonella in fresh produce with a total prize pool of $500,000.