New Zealand authorities have begun action to stop unlawful exports of infant formula to China, after trade bodies blamed these for severely undermining the southern nation’s reputation for food safety.
Corn imports to China will hit 20mn tonnes per year by 2017, leading to major reverberations on world markets. This is the likely scenario if current trends in the country’s pork production and industrialisation continue, according to a major study.
A new report by a government agency in the Philippines has revealed, that in spite of increasing its food production capacity, the country still remains a net food importer, giving cheer to multinational players.
New research suggests that securing a sustainable supply of nutritious food to feed the world’s fast-growing population is as big an issue as fighting wars, preventing disease and saving the environment.
As the dust settles on Friday’s announcement by the Indian government to finally allow foreign direct investment in multi-brand retail, it is becoming clear that the country’s beleaguered supply chain will be one of the major winners.