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Japanese snack giant Calbee has reported a slump in profits. Pic: ©GettyImages/switchpipipi/Bellisimo

Has Calbee’s profit slump put PepsiCo partnership in balance?

By Gill Hyslop

Japanese snack giant Calbee posted a profit decline for its third quarter results for fiscal year ending March 31, 2018 due to sharp slowdown in North America, possibly putting its business partnership with PepsiCo on the line.

Indian ingredient firm Roha opens German base

Indian ingredient firm Roha opens German base

By Gary Scattergood

Indian-based ingredient firm Roha has continued its global expansion by opening a German office to increase technical and consumer support in Europe. 

Seaweed: Mintel claims it could become the next ‘superfood’

Seaweed market boosted by NPD surge

By Noli Dinkovski

Food and drink product launches with seaweed flavours, including kombu, nori, and wakame, grew by 147% in Europe between 2011 and 2015, according to latest figures.

Blommer buys Shanghai cocoa facility

China

Blommer buys Shanghai cocoa facility

By RJ Whitehead

America’s biggest chocolate supplier has acquired a manufacturing plant in Shanghai as part of an estimated US$40m investment in a fully integrated bean processing and chocolate manufacturing facility.

Decades-old beef 'originally came from American reserves'

China

Decades-old beef 'originally came from American reserves'

By RJ Whitehead

Before it was sold to food stalls and restaurants in China, much of the expired meat that has been all over recent headlines in the country had originally been part of American food reserves that were smuggled in through Hong Kong in the ‘Seventies and...

How India secured a WTO deal with the US, and what it means

India

How India secured a WTO deal with the US, and what it means

By RJ Whitehead

After months of angry negotiating had brought India and the United States to a tense impasse, the two countries finally reached an understanding last week to seek a “permanent solution” to stockholding produce for food security purposes at the World Trade...

Higher export prices are expected for sheepmeat and beef

Decline in livestock production forecast for Australia

By Georgi Gyton

Australian livestock production is forecast to decrease by 2.1% in 2014-15, according to the latest Agricultural Commodities report from the Australian Government’s Department of Agriculture (ABARES).

Saudi poultry to soar 52% by 2018

Saudi poultry to soar 52% by 2018

By Eliot Beer

Saudi Arabia's poultry production will rise 52% over the next four years, as the country's total agricultural sector is set to hit US$1.7bn in value, according to a new report.

Eastern Europe and Asia lead the way in fresh food consumption

Datagraphic

Eastern Europe and Asia lead the way in fresh food consumption

By Nathan Gray

Consumption of fresh food was strongest in the emerging markets of Eastern Europe and Asia Pacific in 2013, while the market for fresh food in Western Europe declined slightly, according to Euromonitor International.

Shareholders give go-ahead for Smithfield-Shuanghui deal

Shareholders give go-ahead for Smithfield-Shuanghui deal

By RJ Whitehead

By calling it a “great transaction” for shareholders, farmers and agriculture in the United States, Smithfield Foods chief executive Larry Pope couldn’t have been more ebullient now his shareholders have rubber-stamped Shuanghui’s takeover of the American...

Litigators licking their lips over Yum! class action

KFC in crisis

Litigators licking their lips over Yum! class action

By RJ Whitehead

Lawyers in the United States are queuing up to bring on board investors in KFC’s parent, Yum! Brands, for a class action lawsuit. The move follows nearly two months of questions concerning meat standards at the fast food chain’s Chinese operation.

Saudi bans Brazilian beef

Saudi bans Brazilian beef

Saudi Arabia is the latest Asian country to suspend beef imports from Brazilian. It is now also the biggest country to stop purchases after the South American country confirmed a case of atypical mad cow disease in 2010.

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