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Sale of forgotten wheat could put a dent in India's national debt

The Food Corporation of India could potentially earn over Rs25,000 crore (US$4.5bn) by exporting wheat lying in open warehouses, according to an Assocham study.

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Australian container tax

Australian grocers leader slams ‘misleading’ environmental campaign

Once again voicing its opposition to the thorny issue of container deposit schemes, the influential and vocal Australian Food and Grocery Council has hit out at an environmental group it claims has “actively misled petitioners” over a proposal to introduce a deposit charge.

Food deals form major part of India-China’s $100bn commerce plan

In light of India’s trade deficit with China, which since 2010 has more than doubled to over US$40bn, the country hopes that three food and pharmaceutical agreements signed with China this week will have an impact on the shortfall.

Nestlé quashes rumours of Punjab pull-out

Nestlé India has quashed rumours that it will withdraw from its first dairy unit in the country by committing to a Rs250 crore (US$45m) expansion to the Moga plant in Punjab.

Back-again Danone prepares for China dairy threesome

Danone has agreed a series of deals with Cofco, China’s largest food company, and Hong Kong-listed China Mengniu as a means to break back into a market it has traditionally struggled to enter.

Mondelez upsizes Cadbury Dairy Milk blocks in New Zealand

Mondelez International will introduce larger rounder pieces for Cadbury Dairy Milk in New Zealand for the same price point.

Inspiration for innovation: Connecting senior execs with best-in-class innovators creates ‘excellent breeding ground for innovative idea generation’

From Nike’s Bill Bowerman being inspired by a waffle iron, to studying the behavior of herding cows for the redevelopment of Times Square, cross-pollination of ideas from different fields can generate big rewards.

INDUSTRY VOICES: GUEST ARTICLE, HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG

Carlsberg faces Chinese challenge in booming Yunnan beer market

Danish multinational brewer Carlsberg, which once held a solid market share in the Southwestern Chinese province of Yunnan, is facing tough competition from new entrants and existing competitors desiring a share of the region's booming beer market.

Global Industry News

Fish gelatine could help prevent waste by using up byproducts from the fishing industry

Fish gelatine gaining in importance – but remains niche from FoodNavigator.com

Fish gelatine is rising in importance as an alternative to bovine and porcine gelatine – but there are still challenges in terms of supply, extraction and functionality.

Vitamin D and ginger show potential in reducing asthma symptoms, new studies suggest from NutraIngredients.com

Supplementation with vitamin D or ginger extracts may help ease the symptoms of asthma, according to two new early stage research studies.

Before the horsemeat crisis many food businesses over-relied on contracts to protect their interests, said Andrew Rhodes
Horsemeat webinar

Horsemeat webinar: food industry lacks self awareness from FoodManufacture.co.uk

Some parts of the food industry lacked basic understanding of how the sector operated – until the horsemeat crisis forced people to grapple with its complexities, a food safety watchdog boss told Food Manufacture’s webinar last week.

Live from VitaFoods 2013

GMO ingredients can form part of Omega-3 supply picture, GOED chief says from NutraIngredients-USA.com

Genetic modification of oil seed crops will form an important part of the future omega-3s supply picture, according to Adam Ismail, executive director of the Global Organization of EPA and DHA Omega-3s (GOED). 

Spotlight

UN endorses Australian's call for the world to eat more insects
Asian tastes

UN endorses Australian's call for the world to eat more insects

A book released this week by the UN Food and Agriculture Organisation’s forestry department attempts to persuade...

Budget blues for industry in the face of a strong Aussie dollar
Australian Budget 2013

Budget blues for industry in the face of a strong Aussie dollar

The food industry claimed little to cheer after this week’s Federal Budget. Despite the government’s statement coinciding...

Bouman: Don’t just ban pesticides, find other ways to protect rice

Bouman: Don’t just ban pesticides, find other ways to protect rice

In the wake of the European Commission’s announcement that it will adopt a proposal to restrict the...

Kiwi blackcurrants can reduce mental fatigue
Research

Kiwi blackcurrants can reduce mental fatigue

New Zealand’s blackcurrants can help stressed executives manage their busy work days, early research suggests.

China still world’s thirstiest country, Apac sees stagnant growth
Beverages

China still world’s thirstiest country, Apac sees stagnant growth

Last year, China was once again led the world in alcohol consumption, having swigged through more than...