Monsanto is in the 'wrong business', critic claims
The pesticide industry has had its day and companies like Monsanto are “in the wrong business” according to author and academic Raj Patel.
Archives for April 18, 2012
US pork prices regain momentum
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).
Actress and Pepsi NEXT 'believer' Eva Longoria helps launch soda in New York
Desperate Housewives star Eva Longoria helped launch Pepsi's new medium-calorie cola, Pepsi NEXT, during an event in New York earlier this month and said she wanted to turn "cola lovers in New York into believers".
Chr Hansen shares jump 9% on strong H1 profits
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 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.
Improper nutrient content claims cited in new wave of class action suits
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,...
PureCircle outlines its carbon and water footprint
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.
Nielsen report: US Hispanic market as valuable as BRICs?
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.
Brazil beef industry outlook: Interview with Abiec director
Fernando Sampaio, director of the Brazilian beef exporters' association (Abiec) talks to GlobalMeatNews about the sector's outlook, obstacles to overcome, and the country's trade relationship with Argentina.