FLOODING AN INCREASING WORRY FOR AFRICAN AGRICULTURE, INVESTOR WARNS

Flooding brought on by climate change has the potential to have an increasing impact on agricultural yields in sub-Saharan Africa, a leading investor has said.

INTEREST IN MRES STILL HIGH MORE THAN 12 MONTHS ON FROM PANDEMIC-INDUCED SALES SPIKE

Interest among consumers in buying and eating military rations, or MREs, has reportedly remained high since the onset of the coronavirus pandemic caused a spike in demand early last year.

DIRECT PACK CRANKS UP PRODUCTION BY 40% AT ROCKINGHAM PLANT

Food packaging player Direct Pack Inc is expanding its manufacturing capabilities in Rockingham, North Carolina.

LATEST US ORGANIC PRODUCE PERFORMANCE REPORT SHOWS NEW CATEGORY LEADER

Organic fresh produce sales in the United States increased 4% year-on-year and neared €2 billion in the second quarter of 2021, according to the latest market report. The Q2 2021 Organic Produce Performance Report, released by Organic Produce Network and…

SUSTAINABLE FUTURE FOR UK FRUIT AND VEG PRODUCTION WITH VERTICALLY-GROWN STRAWBERRIES

A revolutionary, significantly greener and sustainable way of growing fruit and vegetables in the UK is starting to gather pace.

CAPTAIN FRESH ATTRACTS INVESTORS EAGER FOR RAPID GROWTH TO CONTINUE

Captain Fresh, an online seafood marketplace, has raised a further $12 million (€10.2 million) in its latest funding round, with angel investors among those putting money into the Indian-based company.

KANTAR REPORTS THAT FMCG CONSUMPTION SLOWED IN LATIN AMERICA DURING FIRST QUARTER OF 2021

Kantar has reported that in-home consumption in Argentina, Brazil and Colombia decreased in the first quarter of 2021 compared to 2020, largely due to a drop in purchase frequency seen across the lower classes.

CULTIVATED MEAT MAKER GOURMEY WELCOMES $10M IN SEED ROUND

Paris-based Gourmey, a French pioneer in cultivated meat, has raised $10 million in new financing, said to be the largest seed round for a cultivated poultry start-up to date.

WILL EUROPEAN WINES & SPIRITS BE BOOSTED BY MOËT HENNESSY AND CAMPARI GROUP E-COMMERCE TIE-UP?

The wines and spirits division of France’s LVMH and Italy-based global spirits group Campari are forming a 50:50 joint venture to create a pan-European e-commerce pure player.

NESTLE STRENGTHENS SOUTH CAROLINA PLANT WITH $100M CASH INJECTION

Nestle is investing $100 million (€84.64 million) to increase capacity at its frozen food plant in South Carolina to meet an increase in demand for its products.

UAE TURNS HYDROPONIC TO BOOST FOOD SECURITY

A major hydroponics farm is being set up in the United Arab Emirates in the latest move by the country to improve its food security.

BAN ON GM CROPS IN NEW SOUTH WALES LIFTED

A GM crop ban in New South Wales has been lifted by the authorities.