Global food commodity prices declined in May, driven by marked drops in cereal, sugar, and vegetable oil prices, the United Nations's Food and Agriculture Organization said on Friday.
World food prices dip in May as cereal, sugar and vegoils drop
FAO forecasts record global cereal production in 2025
Cereals Canada hub receives international support
U.K. bakery Warburtons contributes $650,000 to Global Agriculture Technology Exchange
Warburtons, the United Kingdom's largest bakery, committed $650,000 in contributions to the Global Agriculture Technology Exchange on June 5.
General Mills restructures as company deals with choppy demand
General Mills said on Tuesday it would record a charge of about $70 million in its current quarter, mainly reflecting severance expenses, as part of the Cheerios cereal maker's restructuring efforts.
OPINION: Canadian Food Policy Advisory Council a collaborative approach to strengthening food systems
The Canadian Food Policy Advisory Council was initially described as a promising example of government engagement. But both it and the Food Policy for Canada have yet to reach their full potential.
Judge approves $500 million settlement in bread price fixing class action
An Ontario superior court judge has approved a $500 million settlement in a class action suit related to a bread price fixing scheme.
World hunger levels rise for sixth consecutive year: report
“This is not the time for us to turn our backs” says Canadian Foodgrains Bank
Acute food insecurity and child malnutrition rose for a sixth consecutive year in 2024, affecting more than 295 million people across 53 countries and territories, according to a U.N. report released on Friday.
Drake Meats to build new facility
Saskatchewan meat company Drake Meats Processors Inc. will be building a new meat processing facility in Saskatoon that is expected to employ 200 local people once fully operational.
Manitoba and Ontario vow to remove interprovincial trade barriers
Direct-to-consumer alcohol sales, labour mobility specifically named in memorandum of understanding between Ontario and Manitoba to improve interprovincial trade
Manitoba and Ontario have agreed to remove interprovincial trade barriers and boost the flow of goods between the two provinces.
Price fixing our daily bread
Lack of competition is pushing the price of groceries out of Canadians’ price range
Reading Time: 3 minutes Canadians were subjected to a price fixing scheme on bread, and a handful of companies faced big fines for their role in the scandal. But a lack of competition in the industry means prices keep going up.
Packaged food giant PepsiCo cuts profit forecast as tariffs set to drive up costs
Nestle beats quarterly sales estimates, says indirect tariff impact ‘unclear’
Packaged food giant PepsiCo has cut its annual profit forecast as tariffs are set to drive up production costs and demand remains uncertain. Nestle says it has beaten its first quarter sales growth expectations and tariff effects are unclear.
Cyber-Savvy Farmer
