Seneca Foods, a US-based canned fruits and vegetables processor, reported 400% increase in net earnings to $14.5m for the second quarter of 2013 ended 29 September 2012, compared to $2.9m for the same period in 2012.
Earnings at Maruha Nichiro Holdings and two other leading Japanese seafood companies appear to have worsened in the April-September period due to a drop in fish prices, according to Nikkei.
The hacienda Valle de Rosa, the largest grape producer in Portugal, last week began exports to China and expects to reach more Asian countries in 2013, said the company spokesman, Ricardo Costa.
About 70,000 hectares of banana plantations have been affected by the black sigatoka so far this year. As a result, the supply of fruit for export fell by 25 million boxes.
Global Green Team BV. and it's affiliated company in Israel Green Team Israel introduce the first cherry tomatoes on the vine packed in the new and exclusive product line Tène.
US-based Gray & Company has launched the CherryMan Farm to produce Maraschinos, a new cherry product free of artificial colors, flavors and preservatives.
Asian countries may no longer look toward the United States for its corn needs after a severe drought this past summer shriveled crops and sent corn prices soaring.
Grains and oilseeds represent a better bet than soft commodities, ABN Amro said, forecasting a return in wheat to more than $9 a bushel, and soybeans to back nearly to $17 a bushel.
New Zealand-based dairy company A2 has appointed an in-market Chinese distribution partner as a part of its strategy to launch its a2 brand milk powders in China.
Baja Marine Foods, a company within the Tri Marine Group, based in Ensenada, Mexico has successfully undergone Friend of the Sea audit and its squid and sardine products can now carry the international sustainability seal of approval.
Chinese wheat imports look set to trounce market expectations for 2012-13, putting extra upward pressure on world prices, Rabobank cautioned, after data showing a near-tripling in buy-ins.
There is not much new and exciting news surrounding the corn market, but prices have manage to push above unchanged on spillover support from the overnight rally in the soybean market.
India's loss is Thailand's gain, as Thai shrimp exporters expect a windfall following a ban by Japan on imports from India on account of ethoxyquin antibiotic contamination.
