Rabobank has published a new report identifying structural changes that are emerging in the Mexican corn market, resulting from constraints in the growth of corn production.
Tesco Plc and China Resources Enterprise Limited (CRE) have entered into a memorandum of understanding on their plan to combine their Chinese retail operations to form the leading multi-format retailer in China.
Chinese consumers are responding to a powerful new marketing tactic that plays to a widespread fear of food contamination - the promise of safe groceries sold online.
Russian food retailer Magnit said on Friday its sales rose by 29.7 percent in July, year-on-year, to stand at 49.2 billion roubles ($1.5 billion), after a rise of 30 percent in June.
After nine years in China, British supermarket firm Tesco (TSCO.L) is to fold its unprofitable operation into a state-run company as a minority partner, becoming the latest foreign retailer to give up on trying to crack China on its own.
Wal-Mart Stores Inc is planning to bid for Hong Kong-based supermarket chain ParknShop, which has been put on the block by its owner A S Watson & Co, a firm controlled by Asia's richest man Li Ka-shing.
FAO Food Price Index fell for the third straight month in July to 205.9 points, dropping 2 percent below its revised value of for June and 3.3 percent lower than July 2012.
Tesco is to unveil its revamped Watford 'shopping and leisure destination' on Monday 12 August, following a massive renovation effort of the 80,000 sq. ft Extra store.
China's recent move to allow imports of genetically modified Argentine corn could be a sign that the country is ready to buy more GMO food products from the global market.
Tesco is hoping the allure of casual dining, coffees and even yoga will help tempt Britons back to its retail park stores as part of a 1 billion pound ($1.55 billion) push to revitalise business.
Japan's Ministry of Agriculture bought a total of 175,277 tonnes of food wheat from the United States, Canada and Australia in a weekly tender that closed on Thursday.
Global food prices fell nearly 2 percent in July compared to the previous month, driven mainly by lower prices for grains, soy and palm oil, the United Nations' food agency said on Thursday.