Brazilian and Canadian officials will discuss pork and beef exports at the fifth meeting of the Consultative Committee on Agriculture (CCA) Brazil – Canada, which is taking place in Brasilia today and tomorrow (24-25 January).
The organizers of the Vitafoods trade show have announced that the first ever Vitafoods South America show will take place in Sao Paulo, Brazil in March 2012.
Kraft Foods is leveraging the growing market for chocolate and cookies in developing markets with the opening of a new $80m production facility in Brazil.
Flavor and fragrance company Takasago International (USA) has bought a facility in Vinhedo near São Paulo in Brazil, which it intends to upgrade in order to provide flavors to food and beverage makers throughout Latin America.
Cargill has said it intends to build a new corn processing plant in Brazil to produce starches and sweeteners, to keep up with rising demand from customers in the region.
Fortitech South America has announced plans to double its facility in Campinas, Brazil as the company responds to increasing demand for fortified foods and beverages in South America.
Agrifoods giant Cargill is to acquire the tomato sauce and paste business of Unilever in Brazil for around R$600m, bringing leading brands into the fold as well as solidifying its supply relations with Unilever.
Inadequate control procedures by Brazilian authorities and processors throughout the production chain means there is no guarantee that aflatoxin levels in Brazil nuts exported to Europe meet the regulatory limits demanded by Brussels, said a report from...
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.
US soybean prices have risen on fears of tightening supply and look set to rise further as South America has suffered severe drought and US planting has been delayed due to unfavorable weather.
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.
US ingredients company Cargill today said it will increase cocoa
product operations at the Sao Paulo plant in Brazil, as rising
incomes in the country push up local demand for chocolate.
Japanese food group Mitsui is to acquire outstanding shares of
Brazil-based Mltigrain, a move the firm says will help it meet
growing demand for food throughout Asia.
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.
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...
Brazil's soybean crushing industry is worried at the growing number
of farmers breaking contracts following an explosion in prices this
year, reports the American Soybean Association.
Scientists warn this week that our traditional christmas snack of
brazil nuts might not be for much longer if intensive harvesting
practices continue in 'persistently exploited' areas.
Europe has introduced additional measures to prevent Brazil nuts
contaminated with unnacceptable levels of aflatoxins - a potential
carcinogen - from entering the union.
Using the World Social Forum as a launching pad, consumer rights
group Public Citizen has started a campaign in Brazil to draw
attention to what it calls the "dangers associated with food
irradiation" in the country.
