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Brazil could meet half of global meat demand

Brazil could meet half of global meat demand

By Carina Perkins

Brazil will be capable of supplying almost half of the world’s beef within 10 years, according to the Brazilian minister for Agriculture, Livestock and Supply, Jorge Mendes Ribeiro Filho.

Brazilian beef exports to reach US$6bn in 2012

Brazilian beef exports to reach US$6bn in 2012

By Melodie Michel

Exports of Brazilian beef are expected to reach US$6bn in 2012, up 20% from 2011 with a 10% increase in volume, according to the Brazilian Association of Meat Exporters (Abiec).

Nielsen report: US Hispanic market as valuable as BRICs?

Nielsen report: US Hispanic market as valuable as BRICs?

By Caroline Scott-Thomas

The US Hispanic market represents significant growth opportunities for food and beverage companies within the United States, with per capita income higher than that in any BRIC economy (Brazil, Russia, India and China) according to a new report from Nielsen.

PureCircle outlines its carbon and water footprint

PureCircle outlines its carbon and water footprint

By Caroline Scott-Thomas

Stevia supplier PureCircle has released an analysis of its carbon and water use throughout the supply chain, which it claims could help food and beverage manufacturers to meet their own sustainability targets.

Chr Hansen shares jump 9% on strong H1 profits

Chr Hansen shares jump 9% on strong H1 profits

By Shane Starling

First half EBIT profits for 2011-12 surged 19% to €83m at Chr Hansen as it shrugged off the effects of severe fluctuations in the price of red colorant carmine, and ongoing probiotic health claim uncertainty in Europe – its biggest yet most stagnant market.

DuPont profit climbs on higher prices and agriculture sales

DuPont profit climbs on higher prices and agriculture sales

By Caroline Scott-Thomas

DuPont posted higher profits and revenue for the first quarter of 2012, citing higher prices and increased sales in developing markets, as well as continuing benefit from last year’s acquisition of Danish specialty ingredients firm Danisco.

US pork prices regain momentum

US pork prices regain momentum

By Melodie Michel

US pork export valued reached US$58.17 per hog slaughtered in February, up 14% year-on-year, leading to a 21% increase in export value (US$526.2m), according to data released by the US Department of Agriculture (USDA).

Improper nutrient content claims cited in new wave of class action suits

Improper nutrient content claims cited in new wave of class action suits

By Elaine Watson

With class action lawsuits alleging labeling violations now “filed almost daily in California”, food manufacturers are spending “hundreds of thousands of dollars in legal fees and settlement amounts” to resolve cases that are entirely avoidable, according...

US livestock antibiotics guidance meets mixed reaction

US livestock antibiotics guidance meets mixed reaction

By Melodie Michel

Representatives of the American meat industry have expressed mixed reactions to the Food and Drug Administration’s (FDA’s) publication of a draft guidance on the use of antibiotics in livestock and poultry production.

Meat and cheese driving higher retail prices, says AFBF

Meat and cheese driving higher retail prices, says AFBF

By Caroline Scott-Thomas

Meat and cheese were the strongest drivers of higher retail food prices during the first quarter, according to an informal survey conducted by the American Farm Bureau Federation (AFBF).

TreeHouse Foods completes Naturally Fresh acquisition

TreeHouse Foods completes Naturally Fresh acquisition

By Elaine Watson

Private label products giant Treehouse Foods has completed its acquisition of Atlanta-based refrigerated dressings, sauces, marinades and dips maker Naturally Fresh, Inc. in a $25m deal.

DuPont opens new $40m R&D facility in Iowa

DuPont opens new $40m R&D facility in Iowa

DuPont has opened a $40m, 200,000 square foot plant genetics research facility in Johnston, Iowa, to focus on plant breeding and research and development of new transgenic products, the company has said.

Moringa oleifera seedpods (picture: Forest & Kim Starr)

Superfood alert: Could Moringa oleifera be the next baobab?

By Elaine Watson

A nutrient powerhouse to rival baobab, Moringa oleifera is starting to attract growing interest in the US dietary supplement and food industry, with a segment due to air on Dr Oz tonight predicted to prompt a surge in demand.

Givaudan springs off innovation in its flavours division, according to industry analyst

Innovation and developing markets underpin Givaudan flavours

By Kacey Culliney

Success in the developing markets of Latin America, Africa and Asia combined with an ‘impressive’ innovative platform has secured strong Q1 results for Givaudan’s flavour business, according to one analyst.

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