Archives for April 6, 2010

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Shoppers continue to switch to private label: Survey

By Caroline Scott-Thomas

Four in ten US shoppers have ditched a branded product in favor of a private label alternative, according to a poll of 800 shoppers conducted by GfK for the Private Label Manufacturers Association.

Monsanto profits fall on lower Roundup prices

By Caroline Scott-Thomas

Monsanto reported a decline in profits for the second quarter of fiscal 2010 on Wednesday and warned that it was unlikely that it would meet its longer-term profit forecasts.

GM-derived lipase set for approval in Australia, NZ

By Jess Halliday

DSM’s lipase enzyme from GM Aspergillus niger is set to be approved by Food Standards Australia and New Zealand, opening up opportunities for bakers to use it as a processing aid.

Australia may reclassify some weight loss drugs as foods

By Shane Starling

Mooted revisions to regulations governing drugs and supplements in Australia may see weight management products ruled by food regulations, where previously they may have been governed by drug law, TGA discussions have revealed.