Conagra Brands on Thursday joined rival General Mills in trimming its annual profit forecast and warning that price cuts on its products across grocery, snacks and frozen food items to spark demand will weigh on margins.
Conagra trims profit forecast as higher inflation, promotions to dent margins
NCIAF and NAAAN to collaborate to advance Indigenous agriculture
Two agriculture advocacy groups have announced a partnership to advance Indigenous national and tribal collaboration on agriculture across Canada, Mexico and the U.S.
General Mills cuts profit outlook as promotions rise to win back consumers
General Mills slashed its annual profit forecast on Wednesday as the Cheerios cereal maker ramped up investments in promotions to attract cost-conscious consumers, sending shares down about three per cent in early trading.
Lawsuit accuses major food companies of marketing ‘addictive’ food to kids
Major food companies, including Kraft Heinz, Mondelez and Coca-Cola, were hit with a new lawsuit in the U.S. on Tuesday accusing them of designing and marketing 'ultra-processed'; foods to be addictive to children, causing chronic disease.
Challenge model a new way to fund, support innovation
Five Ontario companies are among 13 semi-finalists selected in the federal government's Agricultural Methane Reduction Challenge, which is seeking innovative ways to reduce methane emissions from dairy and beef cattle.
EU and South America strike trade deal set to hit pushback in Europe
The European Union and South America's Mercosur bloc struck an agreement on a long-delayed free trade deal on Friday which now faces a tortuous battle for approval in Europe, where there is stiff opposition from France. After negotiations spanning over 20 years, and five years on from an initial deal, European Commission President Ursula von der Leyen and her Mercosur counterparts announced an agreement had been reached in the Uruguayan capital Montevideo.
Police prevent Indian Punjabi farmers marching to Delhi to demand better prices
Indian police used tear gas and pepper spray against dozens of farmers who began marching from Punjab state along a key highway to Delhi on Friday to demand better prices for their crops.
World food prices reach 19-month high in November, UN says
The United Nations' world food price index rose in November to its highest level since April 2023, recording its biggest gain in 19 months on the back of surging vegetable oil prices, data showed on Friday.
Mexico’s Bimbo files $1.4 billion lawsuit against Maple Leaf Foods
Mexico's Grupo Bimbo has filed a lawsuit against Maple Leaf Foods and former senior executives of the Canadian company, it said on Friday, seeking more than 2 billion Canadian dollars in damages.
US farm groups want Trump to spare their workers from deportation
U.S. farm industry groups want President-elect Donald Trump to spare their sector from his promise of mass deportations, which could upend a food supply chain heavily dependent on immigrants in the United States illegally.