Published: Dec 17, 2012 By: Foodmate team

An Australian company is thinking big - taking on US giant Costco in the battle for the hearts and minds of Brisbane shoppers.

Published: Dec 17, 2012 By: Foodmate team

Value of merchandise exports grew by 6.1 per cent to US$4.4 billion in October 2012.

Published: Dec 17, 2012 By: Foodmate team

TGIC Importers has launched a new online wine store - WineOfaKind.com - that offers consumers with direct access to highly sought after wines.

Published: Dec 17, 2012 By: Foodmate team

Thirty-six per cent of Australia's beef exports go to Korea, but the industry says exports from the United States are starting to eat in to their market share.

Published: Dec 17, 2012 By: Foodmate team

U.S. Trade Representative Ron Kirk announced the United States has asked the World Trade Organization (WTO) to establish a dispute settlement panel to examine Argentina’s import restrictions on all U.S. goods.

Published: Dec 14, 2012 By: Foodmate team

Bolla Market, the New York area’s chain of high-end convenience stores, today announced it has switched to only top-quality organic, Fair Trade, and Bird Friendly specialty coffee for all its coffee offerings.

Published: Dec 14, 2012 By: Nathan Gray+

Market analysts have branded Barry Callebaut’s $950 million takeover of Petra Foods' cocoa division ‘pricey’, but the Swiss chocolate giant has defended the move despite admitting it will hurt its pockets in the short-term.

Published: Dec 14, 2012 By: Caroline Scott-Thomas

Taxes on soft drinks and foods high in saturated fat and subsidies for fruits and vegetables could improve diets and overall health, according to a new review from New Zealand researchers.

Published: Dec 14, 2012 By: Mike Stones

Dutch food manufacturing giant Vion has agreed a management buyout of its UK pork operations, safeguarding about 4,000 jobs.

Published: Dec 13, 2012 By: Foodmate team

A hangover from this week's bearish USDA Report has the CME Group corn, soybean, and wheat markets lower Wednesday.

Published: Dec 13, 2012 By: Foodmate team

USDA will update this morning its estimates of US grain supplies and use for the 2012-13 marketing year, write Steve Meyer and Len Steiner.

Published: Dec 13, 2012 By: Laurence Gibbons

The Scottish government has launched a five-year plan to strengthen its £1bn food and drink export trade with China.

Published: Dec 13, 2012 By: Caroline Scott-Thomas

The European Commission (EC) has said it intends to conduct a study on whether expanded use of private label food and beverage products has restricted consumer choice and industry innovation.

Published: Dec 12, 2012

The Indian Parliament has decided to allow foreign investors into the multi-brand retail market, opening its doors to worldwide distribution giants like Tesco, Carrefour or Walmart.

Published: Dec 12, 2012

Paramount Citrus (PCA) and Rio Queen today announced they have entered into an agreement for Paramount Citrus to acquire the citrus assets of Texas based Rio Queen Citrus.

Published: Dec 12, 2012 By: Foodmate team

Australia is about to start selling its first Marine Stewardship Council (MSC)-certified Spencer Gulf King Prawns in the Japanese retail chain Aeon.

Published: Dec 12, 2012 By: Caroline Scott-Thomas

DuPont Nutrition & Health has developed a new mesophilic culture range for Tvarog cheese, in an effort to speed the company’s growth in Eastern Europe.

Published: Dec 12, 2012 By: John Geuss

US cheese prices remain high at more than $2 per pound (lb), but are 'falling rapidly' - an unexpected result considering October's 'tight inventories.'

Published: Dec 12, 2012 By: Lorraine Mullaney

Tesco Ireland was told to pay rival retailer Aldi (Ireland) £120,705 (€150,000) damages plus legal costs last week (December 7) to settle a row over an allegedly misleading price campaign.

Published: Dec 11, 2012 By: Foodmate team

Johnnie Walker, the world’s number one Scotch whisky, has opened the Johnnie Walker House Beijing, the world’s largest embassy for luxury Scotch whisky.