EU amends banana tariff
The EU today submitted a new lower tariff of €187 per tonne for bananaimports, after its previous proposals on opening up the bloc's market wererejected by the World Trade Organisation (WTO).
Archives for September 11, 2005
Coffee futures subdued after post-hurricane fears
Coffee futures are subdued after post-Hurricane Katrina price spikes, with ongoing stability probable after reports that 700,000 bags of coffee stored in New Orleans warehouses were left undamaged by the hurricane.
Hormone meat trade dispute goes before WTO
A World Trade Organisation hearing beginning today on the use of growth-boosting hormones could determine whether the EU's processors will have better access to North American meat supplies.
Kraft Foods spears new products to sustain growth
Food giant Kraft Foods, the maker of Maxwell House coffee and Nabisco cookies, will push funds behind 'fewer, bigger and better new product ideas' to fuel sustainable growth.
Fonterra introduces high-protein crisp ingredient for healthy snacks
New Zealand dairy group Fonterra will today unveil a range of dairy protein crisps with up to 80 per cent protein content for use by makers of energy and sports bars as well as healthy and slimming snack foods.
Weekly comment
The science behind food
The words clinical trial or scientifically proven on a label carry huge cachet. But behind the claims of scientific evidence, consumers expect a base level of rigour in ensuring thatfood or personal care products actually deliver the benefits they claim.
Grain exports on Mississippi river start to recover
A joint effort between government and industry is ensuring that normal levels of grain export movement along the lower Mississippi river are resumed as quickly as possible.