Reuters — U.S. packaged food companies are set for a flurry of deals in a push to revamp their brand portfolios as their pandemic-era fortunes fade and benefits of price hikes start to taper off. Last month, Campbell Soup struck a $2.7 billion deal for Rao’s sauce maker Sovos Brands (all figures US$). Unilever bought […] Read more
U.S. food companies go deal hunting as pandemic growth fades
Twinkies maker Hostess exploring a sale
Canada says will join as third party in U.S.-Mexico corn dispute
Mexico's measures 'not scientifically supported,' ministers say
Reuters — Canada said Friday it will participate as a third party in dispute settlement proceedings between the U.S. and Mexico regarding genetically modified (GM) corn in imported tortillas and dough, citing concerns about Mexico’s stance on the matter. The decision follows Washington’s request for a dispute settlement panel through the Canada-U.S.-Mexico Agreement (CUSMA), which […] Read more
Pulse weekly outlook: Chickpea market neither bullish nor bearish
Market players awaiting harvest
MarketsFarm — Hot and dry growing conditions earlier in the growing season cut into Canada’s chickpea yields in 2023-24, but quality should be good if the weather co-operates through the harvest. Canadian farmers planted 315,600 acres of chickpeas in 2023, which was well above the 233,800 acres seeded the previous year, according to Statistics Canada […] Read more
At Ag in Motion: 3D printer takes aim at food ingredients
Making foods both plant-based and printable the goal
With the development of 3D printing, the age of Star Trek replicators has arrived. For master’s student Rhea Thomas Thommana and PhD student Kashika Sethi, food replication is on the horizon as well. Thomas Thommana and Sethi were at Ag in Motion this week with a 3D printer designed to incorporate plant-based ingredients into food, […] Read more
Feds lift ‘pause’ on increases in crop chemical MRLs
New set of rules also calls for 'cosmetic' pesticide use to be banned on federal lands
Proposals to increase a crop chemical’s maximum residue limits (MRLs) on foods and food crops in Canada can again seek federal approval, after being put on temporary hold two years ago. Among several other changes, a planned new package of federal regulatory amendments will put a gradual end to a “pause” imposed in August 2021 […] Read more
Canada retools inflation baskets with more focus on food, gas
Snowblowers and barbecues in, DVD players out
Ottawa | Reuters — Canada’s national statistics agency on Tuesday revealed new weights for the basket of goods and services in its Consumer Price Index, giving more prominence to changes in the prices of food and gasoline. The reweighting, which Statistics Canada carries out every year, has historically had only a marginal impact on the […] Read more
You grow food, but have you ever thought about making it?
Reading Time: 3 minutes It doesn’t sound like a farm show — and it’s not — but primary producers are one of the target audiences for the soon-to-be-launched Agri-Food Innovation Expo. “The initial event is a conference with a small trade show, with a bit of a focus on those who wish to expand their farm business and get […] Read more
Indoor ‘mega-farm’ in Calgary getting even bigger
While the facility is the same size, the growing area is being increased by a third and production doubled
Reading Time: 3 minutes An indoor mega-farm set to produce microgreens and baby greens just got even more mega. The facility that will house the “vertical farm” now under construction in southeast Calgary isn’t getting bigger but the growing space inside is jumping to 100,000 square feet from 74,000 previously. “We found, through further engineering, ways of further squeezing […] Read more
Made in Alberta food labelling program launched
Reading Time: 2 minutes The province is giving $5 million to the Alberta Food Processors Association to launch and run a Made in Alberta food labelling program. In a news release, the association and the government touted the program as both a way to boost the profile of makers of food products and help keep grocery dollars in the […] Read more
Food sales grew but margins tightened in 2022, FCC says
Modest further growth expected this year
Food and beverages sales increased in Canada last year, even as margins hit an historic low and consumers chose Canadian less. According to the latest FCC Food and Beverage Report, released Tuesday, sales increased 11 per cent to $156 billion in 2022. These gains came largely from higher export values and strength in the grain […] Read more
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