Food Biz
Australia Takes a Step to Help Food Insecure Africa
Monsanto GMO Patent Case in Supreme Court
Monsanto is once again in the courts, this time over a patent infringement issue. The company is accusing an Indiana farmer of using Monsanto soybean seeds without the proper authorization. XL Foods Beef Recall Expands, While More Fall Ill with E.Coli
XL Foods’ tainted beef has made 10 ill, so far. The Canadian Food Inspection Agency and the company are making efforts to prevent another such outbreak. Iran Struggles Against Sanctions and a Failing Rial
Iran and India are in the middle of striking up a wheat trade deal, while the people of Iran try to cope with the effects of the international sanctions. Vietnam’s Rice Export on Track, May Exceed Target
Vietnam will be able to meet the set target for its rice exports this year, despite a volatile global rice market. Nestlé Collaborates with Chromocell to Find Alternatives to Salt
Nestlé announced on September 28 that is establishing a collaboration with a US life sciences company, Chromocell Corporation, to identify compounds with the potential to be used as taste-giving ingredients in a range of foods. Hershey’s to Switch to Certified Cocoa by 2020
Hershey’s Chocolates will finally be made from certified cocoa - from 2020. World-renowned chocolate company Hershey's Co. has decided to begin using only certified cocoa from 2020. Global Food Price Index on the Rise: UNFAO
The recent Food Price Index released by the UNFAO shows an uptick in the price of food. The prices of meat, cereals and dairy products have shown a slight increase over the past month and are likely to keep rising, according to a report by the UN Food and Agriculture Organization (FAO). $30M of Stolen Maple Syrup Seized; How to Make Your Own Maple Syrup
Approximately 300 to 400 barrels, or 400,000 pounds of maple syrup was seized by Quebec police late September. It is suspected that the syrup was stolen from a warehouse outside of Montreal, however, authorities have not confirmed whether the maple syrup seized from S.K. Export is the same stolen syrup. Dr Pepper Snapple Group, Inc. to Issue Financial Results for Third Quarter on October 24
Dr Pepper Snapple Group based in Plano, Texas announced on October 3rd that company's financial results for third quarter of 2012 will be issued on Wednesday, October 24th, before the market opens. Dole Foods Donated Salad Bars To Schools in The Monterey Peninsula School District
Dole Food Company donated at September 27 five salad bars to schools in the Monterey Peninsula District. The event gave emphases on how schools can battle the growing childhood obesity by providing kids with healthy lunch options. Coca-Cola partners with JBF Industries to Accelerate PlantBottle Plastic Packaging
Atlanta based Coca-Cola Company disclosed on September 27 the news about partnership with JBF Industries Ltd. which should help to expand production of material used in the PlantBottleTM packaging. Dean Foods Consider Sale of Morningstar Business
Dean Foods based in Dallas annunced on September 26 that it's exploring posibility of selling Morningstar business in order to maximize shareholder value. Even though the company had not yet find a buyer for Morningstar unit, has trust in attractive portfolio and top-notch management team which Dean Foods believes the business possesses. Falling Sales Sees Closure of two Campbell Soup Factories
Campbell Soup Co. will be closing two factories, putting more than 700 employees out of work. Campbell Soup Co. will be closing two of its factories, one in Sacramento, California and one in South Plainfield, NJ. Kraft Foods Wants To Reduce Sodium by 10% in its North American Products
Kraft Foods Inc. has announced on Sept. 26 that is progressing as planned in order to finish a three-year plan to reduce sodium from its products across Nort America by 10 percent.
News
