Archives for May 9, 2012

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Blommer predicts looming cocoa supply crisis

By Oliver Nieburg

Demand for cocoa is expected to climb 30% in the next 10 years creating a 25% shortage of current supply, according to North American cocoa processor and chocolate ingredients supplier Blommer Chocolate Company.

UK to introduce Groceries Code Adjudicator (GCA)

By Melodie Michel

The UK has confirmed the introduction of its Groceries Code Adjudicator, a legislative device meant to correct the power imbalance between farmers and supermarkets.

Russia becomes top Brazilian pork importer

By Melodie Michel

Russia has reclaimed its place as the first importer of Brazilian pork, representing 29.15% of the country’s exports in April, according to the Brazilian Association of Pork Producers and Exporters (ABIPECS).

Glanbia dismisses Dairy Ireland spin-off ‘speculation’

By Ben Bouckley

Demand for whey products underpinned a strong first quarter for Glanbia with analysts hailing an ‘encouraging start’ to the year, but the firm has dismissed talk that it plans to spin-off its Dairy Ireland business as 'speculation'.

Hostess warns of mass layoffs in union negotiations

By Caroline Scott-Thomas

Hostess Brands has sent letters to its 18,500 employees warning of possible liquidation and job losses, after a federal judge ruled on Friday that the company could cancel all union contracts.

Snacks account for a quarter of kids’ calories: Study

By Caroline Scott-Thomas

Changing children’s snacking intentions and behavior could be crucial in reducing childhood obesity rates, as US children consume about a quarter of their daily calories from snacks, according to a new study published in International Quarterly of...