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Daily Insights and Food Industry News

WORKING TOWARDS A SUSTAINABLE REVOLUTION WITH NATURE’S FYND

13 Jul 2021  Read: 3 min.
How do we feed the entire world and how do we feed it well? This is a challenging task for many companies, scientists and public administrations today. Knowing this issue, Bill Gates, Jeff Bezos and Al Gore invested US$158 million into a start-up company Nature's Fynd, based in Chicago.

US SPIRITS INDUSTRY URGES BRITAIN TO DROP 25% TARIFF ON AMERICAN WHISKEY

12 Jul 2021  Read: 3 min.
The Distilled Spirits Council of the United States (Discus) is hoping that the only spirits category subject to tariffs between the UK and US will get a reprieve following a consultation that is now in progress.

SIAL PARIS AND THE UNITED STATES HERALD LONG-STANDING PARTNERSHIP

12 Jul 2021  Read: 5 min.
We asked SIAL Director, Adeline Vancauwelaert, and Laurent Journo, Marketing Specialist at the Embassy of the United States of America in Paris, to find out more about the special relationship between the country and SIAL Paris.

RHODES FOOD GROUP LOOKS FOR NEW SYNERGIES AFTER BUYING PIONEER FOODS’ FROZEN ARM

12 Jul 2021  Read: < 1 min.
Rhodes Food Group (RFG) of South Africa is hoping for synergies after buying the frozen foods business of another South African company, Pioneer Foods.

INDIA PRESSES EU TO LOOSEN PESTICIDE RULES

09 Jul 2021  Read: 3 min.
India is pushing for the European Union to amend rules on pesticide residues that are said to be hitting the country’s rice producers.

NEW RESEARCH SHOWS DIVERSITY IN SUPPLY CHAIN CUTS RISK OF FOOD SHOCKS

09 Jul 2021  Read: 2 min.
Having a more diverse supply chain reduces the chance that a city will suffer shocks to its food supply, according to newly published research.

USDA PROMISES COMPREHENSIVE REVIEW OF ‘PRODUCT OF USA’ MEAT LABELLING

08 Jul 2021  Read: 2 min.
Following a vote last week from the Federal Trade Commission to strengthen enforcement of the Made in USA standard, the US Department of Agriculture (USDA) has come out in favour of the move and also promised to look at the ‘Product of USA’ label on meat.

DEMAND FOR ORGANIC PRODUCE SOARS IN AUSTRALIA FOLLOWING PANDEMIC

08 Jul 2021  Read: 3 min.
Millions of Australians have turned to organic food since the start of the Covid-19 pandemic and more than half of shoppers have purchased certified organic in the last year, according to the Australian Organic Market Report 2021, compiled by Australian Organic Limited. Niki Ford, Chief Executive of Australian Organic Limited, said the dual health and…

VIETNAM ADJUSTS SEAFOOD EXPORT STRATEGY TO COPE WITH SLOWER SALES TO CHINA

07 Jul 2021  Read: 2 min.
Seafood exporters from Vietnam are sending more dried and processed products to China to cope with a decline in sales caused by the latter’s tough measures against imported frozen products to contain the spread of Covid-19.

LEADCREST BUYS SEVEN CASINO SUPERMARKETS IN SALE-LEASEBACK DEAL

07 Jul 2021  Read: < 1 min.
LeadCrest Capital Partners, a sale-leaseback investor, has spent €70 million to purchase a string of supermarkets in France.

LÖFBERGS EXPANDS WITH NEW $277M WHOLE BEAN COFFEE ROASTERY

06 Jul 2021  Read: 2 min.
Swedish coffee roaster Löfbergs has opened a whole bean roastery in Karlstad, Sweden costing $277 million (SEK200 million) – the largest investment in the company’s history, and claimed to be the most modern in Europe.

NEW KANTAR REPORT SHOWS UK LAMB AND FISH SALES THRIVING, WHILE BEEF STRUGGLES TO MATCH 2020 FIGURES

06 Jul 2021  Read: 2 min.
In the 12 weeks to May 16, 2021, Kantar reported that the UK fresh meat, fish and poultry market saw further polarisation, with the full period comparing against the high levels of spending seen during the first national lockdown of March 2020.

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