Despite a decline in total exports, the last financial year saw a rise in the average value of wine, according to a report released by the Australian Grape and Wine Authority.
Nick Eyre, the former secretary of the Co-op group, believes the company must overhaul its governance structure after management last year made unregulated decisions resulting in a notorious £2.5 billion loss.
A record payout to New Zealand dairy farmers last year is setting the stage for a global milk glut that Goldman Sachs Group Inc. predicts will last half a decade.
Consumer goods maker Unilever Plc said it had sold its Slim-Fast brand to Kainos Capital, a U.S.-based private equity firm focused on the food and consumer sector.
Russian food retailer O'Key said on Friday that retail revenues rose 12 percent in the second quarter, a deceleration from the 12.6 percent recorded in the first quarter.
World food output is on track to meet the needs of a growing population after a decade punctuated by supply concerns, the OECD and U.N. food agency (FAO) said on Friday.
Food group Nestle, rival Danone and brewers Anheuser-Busch InBev and SAB Miller are among major European food shares tipped for a stock market boost from a drop in commodity prices.
Saudi Arabia-based Olayan Financing Co (OFC) said on Sunday it had acquired a majority stake in Gulf Union Foods Co (GUFC) from a group of investors including private equity firm Jadwa Investment.
India's inflation probably eased marginally in June after the new government curbed farm exports, but a growing risk that drought will shrivel summer crops could encourage the central bank to keep interest rates on hold.
Japan has now been cemented as a key destination for Australian vegetable exports with the signing of the Japan Australia Economic Partnerships Agreement (JAEPA) according to Ausveg.
Booker Group, Britain's largest cash-and-carry wholesaler, reported a decreased rise in first-quarter sales, though it claimed it is on course to achieve its full-year goals.
Walmart Stores pledged to stock more 'Made in the US' products and to spend an additional $250 billion by the year 2040 to bring manufacturing back to the US.
