Japanese trading house Marubeni has entered into an agreement to buy American grain merchant Gavilon Group for $3.6bn, in order to take advantage of the rising demand for grain among the developing nations.
Pioneer Hi-Bred, a subsidiary of DuPont, a Delaware-based chemicals company, has received approval from the regulatory authorities to acquire a majority stake in the South African seed company Pannar Seed.
Swiss food company Nestle has launched two new pizza lines in the US, under its DiGiorno brand. The new lines include Digiorno Pizza Dipping Strips and Digiorno Italian Style Favorites pizza.
Chicken of the Sea Internationalof San Diego, CA is recalling several product codes of oysters imported from Korea and sold under the Chicken of the Sea, Pacific Pearl and Ace of Diamonds brands.
U.S. Food and Drug Administration spokeswoman Laura Alvey has told Food Safety News that the Salmonella contamination found at Diamond's Meta, Missouri plant is not from the same strain as that of the Gaston, South Carolina plant.
The Canadian Restaurant and Food Association (CRFA) is upset with the government of Prime Minister Stephen Harper for giving German food processing company Dr.Oetker $12 million to build a frozen pizza factory in London, Ontario.
Chinese online supermarket giant, Yihaodian, is set to launch wines from New Zealand, France and the US on its site – offering a complete business solution for new international entrants, according to a market expert.
New Zealand’s pork industry has said a recent High Court judgment has exposed the country to Porcine Reproductive and Respiratory Syndrome (PRRS) virus.
Korea’s health claim regulations are set to change next year, enabling functionality claims to be made in general foods rather than just supplements, according to a previous Korea FDA member.
Researchers may have taken the first step in ‘fixing’ the flavour of commercially grown tomatoes after they uncovered how variability in chemical make-up holds the secret to the ‘real’ flavour of tomatoes.