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Wheat price hike likely, says analyst

Wheat price hike likely, says analyst

By Oliver Nieburg

Bakery and snack manufacturers can expect a higher wheat price in the coming months as the US drought has hit the maize market putting pressure on wheat supplies amid export concerns in Russia, says an analyst.

US farmers gain $170m promise from government

US farmers gain $170m promise from government

By Carina Perkins

The US government has announced plans to buy up $170m of domestically-produced meat and fish products to help the country’s struggling livestock sector.

Wendy’s enjoys revenue increase

Wendy’s enjoys revenue increase

By Carina Perkins

US burger chain The Wendy’s Company has reported improved revenues for the second quarter ended 1 July 2012, with same-store sales up for the fifth consecutive quarter.

CSPI targets marketing of Splenda Essentials in new lawsuit

CSPI targets marketing of Splenda Essentials in new lawsuit

By Caroline Scott-Thomas

The Center for Science in the Public Interest (CSPI) has taken aim at McNeil Nutritionals’ Splenda Essentials sweetener in a lawsuit filed in a California district court, alleging that the fortified sweetener’s marketing violates consumer protection laws.

IFF posts 16% boost in Q2 net profit

IFF posts 16% boost in Q2 net profit

By Caroline Scott-Thomas

Pressure from raw material costs has started to ease for International Flavors and Fragrances (IFF), which reported a 16% increase in net profit and a 1% increase in net revenue during the second quarter.

Monster faces a new 'Ruckus in the Rockies 2012', this time with hip-hop combo the Beastie Boys

Monster faces new 'Ruckus in the Rockies' as Beastie Boys sue

By Ben Bouckley

Monster Beverage Corporation faces a new legal scrap with hip-hop combo The Beastie Boys, and says it cannot predict the business effects of another action filed by an unnamed state attorney general’s office in July.

Gloom for US maize forecast

Gloom for US maize forecast

By Arabella Mileham

The US is potentially facing its lowest yield of maize since 1995/6, analysts have claimed. Despite a record amount of grain planted in the spring, they said that the droughts sweeping across the central grain producing belt are likely to reduce yields...

Meat behind drop in profits for Cargill

Meat behind drop in profits for Cargill

By Carina Perkins

US processing giant Cargill has reported another profit plunge, with fourth-quarter and fiscal 2012 earnings below company expectations.

Cargill full year earnings ‘not up to expectations’: CEO

Cargill full year earnings ‘not up to expectations’: CEO

By Caroline Scott-Thomas

Cargill has reported an 82% slump in profit for the fourth quarter and a 56% drop for the fiscal year, citing cyclical trends in soybean processing and American beef, as well as wider economic and political factors.

Nestlé's Pure Life range was a star performer for Nestlé Waters

Nestlé first half results: Pros and cons

By Rod Addy

Europe and North America were the worst performing regions for Nestlé according to its first half (H1) results, while Asia, Oceania, Africa and emerging markets delivered double digit growth.

US senators step into corn ethanol debate

US senators step into corn ethanol debate

By Carina Perkins

A bipartisan group of US senators has called on the Environmental Protection Agency (EPA) to help the meat industry cope with drought conditions by adjusting the corn-ethanol mandate for the Renewable Fuel Standard (RFS).

Brazil cited as a leading poultry exporter

Brazil cited as a leading poultry exporter

By Nicholas Robinson

A detailed report looking at the impact of Brazil’s agricultural impact on third-country markets has been published, highlighting Brazil as a leading poultry exporter.

White House responds to ‘historic’ drought with $30m disaster aid

White House responds to ‘historic’ drought with $30m disaster aid

By Caroline Scott-Thomas

The worst drought to hit the United States in half a century is having dramatic effects on crop and livestock production, President Obama said in a White House briefing Tuesday, in which he called on Congress to pass a Farm Bill that includes more disaster...

What’s new in the meat-free market?

Special edition: Meat alternatives

What’s new in the meat-free market?

By Caroline Scott-Thomas

Meat-free burgers, sausages, and other meat analog products have come a long way in recent years, but there is still room for improvement in texture and taste, as companies continue to strive for more meat-like attributes – and a bite of the meat-free...

Firm secures US certification for E.coli kit

Firm secures US certification for E.coli kit

By Carina Perkins

A food safety technology company has achieved US certification for its new E.coli testing kit, which allows manufacturers to rapidly test meat samples for the deadly bug.

Senomyx announces dual-purpose sweetness enhancer for HFCS and sucrose

Senomyx announces dual-purpose sweetness enhancer for HFCS and sucrose

By Caroline Scott-Thomas

San Diego-based flavor firm Senomyx has discovered a new taste modifier ingredient that can enhance the sweet flavor of both high fructose corn syrup (HFCS) and sucrose, allowing food manufacturers to use less of either sweetener in formulations.

Iced tea contains a high level of oxalate, which can increase the risk of kidney stones, warns Milner.

Iced tea consumption linked to kidney stones

By Nathan Gray

High consumption of iced tea drinks could be linked to the formation of kidney stones – especially in those who are at high risk of the painful disorder – warns one researcher.

Tofu is one of the most popular meat analog variants

Special edition: Meat alternatives

Firm growth for meat substitute products

By Rod Addy and Nathan Gray

The total market for analogs and meat free products is set to rise by 4.4%, from €2.85bn to €3.54bn, in the next five years, according to exclusive data from market analyst RTS Resource.

Top energy drink delays ‘wound closure': US study

Top energy drink delays ‘wound closure': US study

By Ben Bouckley

A study analyzing the effects of dosing cultured animal cells with energy drinks has found that they delayed wound closure, but not due to the combined or isolated effects of major ingredients caffeine, taurine and glucose.

Marfrig to work on third-party emissions

Marfrig to work on third-party emissions

By Nicholas Robinson

Marfrig Group, a leading global food producer, has concluded that 95% of its global greenhouse gas (GHG) emissions come from third-party sources.

Digital marketing giant Valassis intros Facebook coupon app

Digital marketing giant Valassis intros Facebook coupon app

By Caroline Scott-Thomas

Digital marketing firm and couponing giant Valassis has introduced a new Facebook app for consumers to access coupons and savings directly on Facebook, combining the company’s digital coupon distribution expertise with Facebook’s sharing and graph functions.

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