Another bird flu outbreak has been reported in Mexico, this time in Jalisco state, west of Mexico City. This follows another set of cases in Aguascalientes, in central Mexico.
Nestlé has refused to comment on reports that it is working with financial advisory group Rothschild to sell more than $1bn of Latin American assets in an effort to win regulatory approval for its acquisition of Pfizer Nutrition.
The North American cocoa grind has dropped 2% in the third quarter (Q3), leading one analyst to call the region’s largest nation a “staling” chocolate market.
Hershey plans to increase the amount of cocoa it sources from Mexico by initiating a $2.8m crop growing programme in partnership with Ecom Cocoa that it says will boost yields in Southern Mexico.
Flavors and colors specialist Flavorchem Corporation has introduced a new line of Hispanic-inspired flavors for yogurts and other dairy products to tap into growing demand for more authentic tastes and aromas.
Confectioners face big rewards by tapping into market potential in Mexico, but will face “oblivion” if they fail to address growing health concerns, according to an analyst.
Canadian natural and organics group SunOpta has sold its frozen fruit processing assets in Rosarito and Irapuato, Mexico to Fruvemex Mexicali for C$3.15m, the company has said.
The US Marshalls Service has seized chili products from a New Mexican supplier after its facility was found to be infested with rodents, according to the Food and Drug Administration (FDA).
Grupo Bimbo has completed its acquisition of Mexican confectionery firm Dulces Vero, a deal that should strengthen its position in the US hispanic confectionery market, according to market analyst Jonathan Thomas.
Corn Products International’s Mexican affiliate CP Ingredientes has been awarded $58.386m in damages by a NAFTA tribunal after Mexico placed discriminatory taxes on high fructose corn syrup (HFCS).
The swine flu virus first identified in Mexico cannot be contained, warns Dr Margaret Chan, director-general of the World Health Organization (WHO), as the economic impact of the outbreak continues to spread.
The World Health Organisation has declared “a public health emergency of international concern,” following the outbreak of a new strain of swine flu which has killed at least 103 people in Mexico.
Natural food group SunOpta is to increase its supply of
strawberries to the food industry, following the acquisition of
certain assets from a South American frozen strawberry processor.
NutraCea has entered into an agreement with Archer Daniels Midland
(ADM) for the production of its stabilized rice bran - a
significant accomplishment for the young company as it brings its
nutritious ingredient to the mainstream...
Archer Daniels Midland (ADM) expects to increase its sales of high
fructose corn syrup to Mexico once the market opens up in 2008,
which will effectively tighten the supply and demand situation
further, a company executive has said.
Food ingredients and syrups manufacturer Corn Products
International said on Tuesday that fourth-quarter profit fell 41
percent as a result of restructuring in Mexico and South America.
