Iran’s export to Iraq, including food products, grew by 30% in the last seven months, the Iran-Iraq Chamber of Commerce announced last week. Trade ties is set to deepen, despite US sanctions against Iran.
The plunging Turkish lira has caused both producer and consumer prices to soar, but global food firms operating in the country are insisting it is "business as usual".
New Zealand lamb prices were down by 5% in September, compared to the previous year, due to a decline in exports as a result of lower production and the effect of the strengthening dollar.
An influential new report has identified Egypt as one of the “10 emerging markets of the future” though its food industry is predicted to see a dramatic change in fortunes as part of an overall predicted slump in its primary industries over the next five...
Egyptian food producer Faragalla will grow its milk, tomato and frozen vegetable lines this year, following US$200m of investment in 2015, its chairman told FoodNavigator.
Egypt has made a U-turn on importing poultry after a backlash from domestic producers, as the government says cuts to the wheat production subsidy will not reduce production.
Ingredients giant Barry Callebaut has confirmed its positive midterm outlook after posting a 7.3 per cent rise in sales volumes over the first nine months of the fiscal year.
The world's leading instant noodle maker Indofood said last week
that its first-quarter net profit rose 48 per cent from the prior
year's same period thanks to an increase in sales and
foreign-exchange gains.
Indofood, Indonesia's biggest food company, has reported 2004
profits severely hit by the devaluation of the rupiah, but remains
hopeful of an upturn in 2005 following efforts to reduce its
exposure to exchange rates and the...
PT Indofood Sukses Makmur, the Indonesian wheat flour producer and
food company, has said it is expecting up to 5 per cent growth in
sales for 2004 in the same week that it launches a further bond
offering on the Surabaya Stock Exchange...
