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.
Lawsuit accuses major food companies of marketing ‘addictive’ food to kids
Brazil’s JBS sees strong demand for meat in US
Brazil's JBS, the world's largest meatpacker, sees "very strong" demand for beef, pork and chicken in the U.S., said the president of JBS USA, Wesley Batista Filho on Thursday during the firm's third quarter earnings call.
JBS, Sigma vie for Kraft Heinz’s $3 billion hot-dog business, sources say
Brazilian meatpacker JBS and Mexico's Sigma Alimentos are among those competing to acquire Oscar Mayer, the hot dogs and cold cuts business of packaged food giant Kraft Heinz, according to people familiar with the matter.
Packaged food giant Conagra Brands’ quarterly results miss on weak demand
Packaged food giant Conagra reported first-quarter results that missed Wall Street estimates as budget-conscious consumers prioritized spending on lower-priced alternatives over the company's higher-priced pantry staples, sending its shares down about seven per cent.
Food companies launch partnership to cut dairy industry’s CO2 emissions
Food companies Ajinomoto and Danone unveiled on Thursday a partnership to reduce the dairy industry's greenhouse gas emissions using a feed additive called AjiPro®-L, which is purported to reduce nitrous oxide emissions from manure.
Agri-processing incentive lands first big fish
New tax credit program takes off with potato processor’s expansion plan
Reading Time: 3 minutes The Alberta government’s new tax credit has found its first buyer one year after the program was announced. The Little Potato Company (TLPC) just opened its doors on a new $40 million processing plant in Nisku, south of Edmonton, the location of its initial plant. The tipping point appears to have been the government’s Agri-Processing […] Read more
Food and beverage sales to fall in 2024; processor margins to improve
Stabilizing or declining input prices working their way through the supply chain, FCC says
Farm Credit Canada is predicting Canadian food and beverage sales will fall slightly this year as consumers manage tight budgets. Gross margins, however, should increase as the effects of falling commodity prices work their way through the supply chain, the farm lender said in an April 9 news release.
Feds fund agriculture and food processing robotics projects
The federal government pledged up to $5 million in funding for agriculture and food-processing robotics on Friday in hopes of addressing ongoing workforce challenges.
Agriculture workers not mentioned in TFW rule changes
Food processing sees foreign worker limit reduced by ten per cent; construction, healthcare exempted
The federal government announced Thursday that, effective May 1, some sectors would be allowed no more than 20 per cent of their workforces to be made up of temporary foreign workers (TWFs) brought in via the low wage stream—down from 30 per cent since 2022.
Consumer food-buying behaviour changing rapidly
Inflation-strapped buyers turn to more discounts, cut their food-buying budgets
Reading Time: 4 minutes Glacier FarmMedia — Canadian consumers have dramatically changed their grocery-buying patterns in the past year as food prices and housing inflation have squeezed their budgets. Demand and product changes in the food supply chain will affect farm commodities. Grocery store sales are down in Canada, even with product value inflation, which means less demand for […] Read more
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