News & Analysis on Food & Beverage Development & Technology
Australia
The Australian Competition and Consumer Commission (ACCC) has initiated fresh legal proceedings against Coles over the supermarket giant’s alleged unsavory commercial practices with its suppliers.
Qatar’s food and agriculture investment vehicle Hassad Food is planning new investments worth US$500m in Turkey’s agribusiness sector, the company announced.
The source of an outbreak of Yersinia pseudotuberculosis which has sickened at least 127 people in New Zealand remains unclear, according to the Ministry for Primary Industries (MPI).
Australian farmers are calling for new trade agreements with the Middle East as agricultural imports leap, with mutton up 168% year-on-year in September and lamb up 32%.
The Asian Development Bank (ADB) is to work with the Japan Fund for Poverty Reduction to help south Asian nations slow the spread of livestock diseases.
Brazilian food giant BRF has denied it has joined a bid to buy Kuwait’s Americana, weeks after it bought a 75% stake in Al Yasra Foods, its Kuwaiti distributor, for US$160m.
Middle East confectionery sales are set to boom, with the Saudi market projected to grow 43% by 2016 according to KPMG, and the region as a whole by 20% in 2015.