Breaking News on Prepared Food and Meat Processing

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Weekly comment

Don’t worry about wheat prices: Look at grain stocks

30-Aug-2010 - There’s nothing like a shortage of wheat to send some news media searching for superlatives. Talk of “soaring” wheat prices and “rocketing” bread prices were common, in the British press, after Russia decided to temporarily ban grain exports earlier this month. Three weeks later what lessons can we lean?

Vion eyes veal expansion after EC approves Weyl takeover

24-Aug-2010 - Vion said it plans to expand its veal processing operations after being given the go-ahead by the European Commission to acquire Weyl.

Bakery and poultry fuelling processing kit demand, says JBT

05-Aug-2010 - JBT FoodTech said despite growing demand for its freezing and protein processing systems, year-on-year second quarter revenues fell by seven per cent to US$135m.

COOL concerns help drive Vion meat processing investment

05-Aug-2010 - Growing demand for meat with a clear provenance was one driver behind a multi-million pound investment programme by Vion to expand its processing operations in Scotland and create 250 new jobs.

Marel declares guarded optimism as orders and revenues climb

29-Jul-2010 - Marel hailed a stronger order intake for its processing equipment on the back of the continuing economic recovery as it posted improved operating results for the first half of 2010.

Food firms face more cellulose price increases

16-Jul-2010 - Dow Wolff Cellulosics has this month increased prices across its food ingredients portfolio, adding its name to the growing list of ingredient firms passing on increased costs for emulsifier products.

Weekly comment

Where next for ingredients since Cognis and National Starch?

28-Jun-2010 - ‘Billion dollar deal’ was not a phrase bandied about the food ingredients industry much last year. With BASF buying Cognis for €3.1bn and Corn Products International paying $1.3bn for National Starch, M&A looks to be thawing – but best not get over-excited just yet.

Weekly comment

Realistic prices needed for European food stability and to safeguard society

24-May-2010 - Please: A big round of applause for Jozsef Kapuvári. Who? You might well ask. Kapuvári is the author of an EU report that highlights the importance of realistic food prices – not just to underpin the food supply chain but to maintain the fabric of European society.

News in brief

Finnish meat processor announces Russian expansion

23-Apr-2010 - Finnish meat processor Atria has announced the start-up of a €70m plant in Russia – dubbed the most modern in the country.

EU food exports drop as demand shrinks, says report

22-Apr-2010 - European food and drink exports saw a double-digit drop last year, reflecting a shrinking demand for most major food categories in foreign markets, according to a new report.

Bemis agrees to sell-offs to clinch Alcan takeover

25-Feb-2010 - Bemis Co has agreed to sell off part of Alcan’s US flexible packaging operations in order to secure the takeover of the company from Rio Tinto.

Marel to sell Stork Food and Dairy Systems

05-Feb-2010 - Marel has announced that it is to sell subsidiary Stork Food and Dairy Systems to Dutch investor Nimbus as part of a strategy to focus on its core processing segments.

N.Ireland's £10m boost for food processing and packaging

16-Dec-2009 - Plans to invest almost £10m in Northern Ireland’s food processing and packaging sectors have been announced.

Thousands of suppliers threatened by $300m Kraft cutbacks

11-Sep-2009 - Kraft Foods is slashing its supply chain costs by $300m - a decision that Leatherhead Food International predicts will dramatically affect suppliers and could result in casualties.

Cloud Packaging meets shorter run trend with Toll takeover

07-Sep-2009 - Cloud Packaging Solutions has said the acquisition of Toll Packaging will boost its ability to meet the increased demand for shorter packing runs triggered by the current global economic crisis.

More difficulty ahead for food sector as European recession eases

14-Aug-2009 - France and Germany have emerged from recession but the global nature of the food industry may mean it takes longer to recover than other sectors, according to a senior economist at Wageningen University.

News in brief

Irish Food Board foreign assignment to fellows

31-Jul-2009 - Ireland has launched new initiative to boost food exports, by assigning 25 graduates as fellows to partner with Irish food firms in 33 international markets.

EU funding vital to cushion extra animal welfare costs, say meat processors

06-Jul-2009 - Europe’s meat processors will suffer unless the European Commission meets extra costs resulting from a new regulation on improving animal welfare at slaughter, said an industry body.

MeatProcess.com acquired by William Reed Business Media

05-Jun-2009 - Decision News Media, publisher of MeatProcess.com and 16 other websites serving the international food, nutrition, pharmaceutical and cosmetics industries, has been acquired by the leading UK business-to-business publisher William Reed Business Media.

Canada eyes more beef, grain exports to Europe

05-Jun-2009 - Canada is making overtures towards free trade talks with Europe that could open up a new source of beef for the EU – if a parallel hormone-free industry could be established – and boost grain supplies.

FDA backs proposal for US industry fees to fund food inspections

04-Jun-2009 - A contentious proposal to compel US food manufacturers to contribute towards safety inspection costs took a step forward yesterday after the Food and Drug Administration signalled its backing for the idea.

Weekly comment

Economic depression a stimulus for fresh business

02-Jun-2009 - The economic recession is biting across the globe, and bleeding casualties litter all industries, but now is not the time to cower. Those willing to spend may provoke a stimulation of their business that could set them up for years, if not decades, to come.

News in brief

Americans support subsidy cuts for large farms, says survey

05-May-2009 - Most Americans support cutting farm subsidies to large farming businesses, according to a new survey from www.worldpublicopinion.org .

Swine flu impacts global economy

28-Apr-2009 - The swine flu virus first identified in Mexico cannot be contained, warns Dr Margaret Chan, director-general of the World Health Organization (WHO), as the economic impact of the outbreak continues to spread.

News in brief

Dean Foods targets Santee Dairies buy - report

20-Apr-2009 - US-based processor Dean Foods is expected to purchase the Santee Dairies milk processing operations from retail group Stater Bros., according to press reports.

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