Fonterra Co-operative Group Limited, has announced a drop of 32 per cent in earnings in the Australian arm of its business, although the Company saw a stronger-than-expected overall half yearly result.
Blackstone Group LP -backed Pinnacle Foods Inc's initial public offering raised $580 million after the packaged foods maker priced its offering at $20 per share, the high end of its expected range, an underwriter said.
Louis Dreyfus Commodities, one of the world's largest agricultural traders, on Wednesday reported its largest-ever annual profit on robust global demand for food products and historically high crop prices after a severe U.S. drought.
Global food prices have declined in recent months as lower demand for cereals and improved supplies pushed prices down, the World Bank said on Wednesday, warning that prices were still near record peaks and volatile.
Cubans are building private food distribution networks from the farm through to retail outlets as communist authorities gradually dismantle the state's monopoly on the purchase and sale of agricultural products.
A new fishery, dubbed the U.K.’s first “community supported fishery,” opened this week in Brighton, geared toward supporting responsible fishing practices.
The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department has issued a ban on poultry and poultry product imports from North Rhine-Westphalia State, Germany over bird flu fears.
US Grains Council's talks with major South Korean importers send one message loud and clear: Korea has a strong preference for US corn provided that it is competitively priced.
Britain's third-largest grocer, J Sainsbury, expanded its market share in the 12 weeks to March 17, while industry leader Tesco and No. 4 player Wm Morrison lost ground, according to monthly data published on Tuesday.
Sainsbury’s has announced that it will accelerate the expansion of its convenience store business in London and the South East with plans to open 50 new stores by early 2014.
Thailand's Charoen Pokphand Foods Plc (CPF) is gearing up to produce more processed foods in Vietnam in preparation to serve domestic demand and greater consumption expected from the coming ASEAN single market.
Shares in top U.S. packaged food companies Mondelez International Inc (MDLZ.O) and PepsiCo Inc (PEP.N) jumped on Friday on speculation that they could merge, after a report that activist investor Nelson Peltz has taken stakes in each.
Biothera and Maxland Enterprises have named Shanghai Toong Yeuan Food Technology Co., Ltd. as the China distributor of Biothera’s immune health ingredients for foods, beverages and supplements.