India, the world's biggest milk producer, hopes to seize on a New Zealand dairy product contamination scare to increase its exports and add market share in China and other emerging Asian countries.
China fined six companies including Mead Johnson Nutrition Co, Danone and Fonterra a total of $110 million following an investigation into price fixing and anti-competitive practices by foreign baby formula makers.
U.S. food companies have "undue influence" in vouching for the safety of common additives such as salt, trans fats and artificial sweeteners, according to an analysis released on Wednesday that calls for better oversight of the additive process.
Prawn and barramundi farmers have moved one step closer to merging their industry bodies, but fell short of joining as one after talks in Cairns this week.
As of 29 July, farmers in Ukraine harvested close to 27 million tons of grain. This represents a 21 per cent annual increase on 9 million hectares of land, Dragon Capital told investors.
Rwanda's efforts to maintain price stability over the medium term will depend in part on government measures to bolster food production, the head of the central bank said on Tuesday.
The latest beer-consumption data demonstrate that drinkers will pay more for a product they deem as superior—be it locally brewed craft beer or an upscale mass-market beer like Budweiser Black Crown.
The Scotch whisky industry has received a boost this month with the removal of tariff and non-tariff barriers to how it trades in areas of Southern and Central America
including Colombia, Honduras, Nicaragua and Panama.
Prices of agricultural foodstuffs in China kept rising last week according to a survey of prices in 36 medium and large sized cities by the Ministry of Commerce (MOFCOM).
BMO released the results of a survey which found that supporting regional economies, farmers and jobs, along with fresh food and taste, all trump the cost of food for people choosing to buy local.
Wheat prices are poised to increase for the third time in a year, adding to inflation as Prime Minister Shinzo Abe’s economic stimulus weakens the yen and boosts costs.
The New Zealand dollar skidded to a one-year low on Monday after New Zealand's major dairy exporter, Fonterra, said at the weekend it had found bacteria in some of its products that could cause botulism.
Currently, aquaculture is the fastest growing food production system in the world as fish is the primary source of animal protein in all coastal areas.
Flour production statistics interpolated by Milling & Baking News and based on data compiled by the North American Millers’ Association (NAMA) point to a number of historical highs.
China Foods Ltd on Sunday said it made a net loss in the first half of 2013, compared to a profit a year ago, blaming unfavourable trading conditions and competition. It said it expected to post a loss for the full year.
The imminent internationalization of the Chinese currency could have a major impact on the country’s seafood trade, making exports more expensive but imports more affordable.
September Corn finished up 3 1/2 at 499, 1/2 off the high and 6 up from the low. December Corn closed up 1 1/2 at 479. This was 5 3/4 up from the low and 1 1/2 off the high.
