Dutch poultry hatching firm plots move in Russia
Netherlands-based Hendrix Genetics plans to build a complex producing hatching eggs for turkeys in Russia, according to the Russian Ministry of Agriculture.
Archives for May 24, 2017
Dateline Southeast Asia
Malaysia: Manufacturer-backed sugar hike rejected by government
Malaysia will not increase the market price of sugar, despite a request to do so from one of the country’s most prominent companies and pressure from consumers’ associations to introduce a de facto sugar tax.
Chinese now make up nearly half of Aussie university’s oenology places
One Australian university has seen an almost three-fold increase in Chinese enrolments in its winemaking courses over the past five years.
Is dairy a hindrance and not a help for probiotics growth?
The vast majority of new product development for functional foods featuring probiotics “remains in the dairy space”, but this may be more of a hindrance than a help for the sector’s growth prospects.
Japanese e-commerce site allows customers to choose by aroma
A Japanese company that designs and develops small odour-imaging sensors is in the final stages of testing what it claims to be the world’s first e-commerce website on which consumers can search and select products by aroma.
New Zealand Budget 2017: more cash for biosecurity
The New Zealand Budget 2017 will provide millions of extra dollars for biosecurity investment, a move welcomed by the meat industry.
Tyson’s Fresh Meats brand launches sales capture campaign
Star Ranch Angus beef brand, owned by Tyson Fresh Meats, has launched a new website for a six-month campaign encouraging American families to buy high-quality protein.
Australia, NZ most obese OECD countries in APAC
Australia and New Zealand are now among the OECD’s five most obese nations, while Japan and South Korea are the two least obese nations on the list, according to the OECD’s Obesity Update 2017.
Standardized language for expiration dates should help reduce food waste, according to GMA
According to the nonprofit Feeding America, 126 billion pounds of food is wasted each year in America – a staggering number that prompted USDA and EPA to challenge producers, manufacturers and consumers to help reduce food loss and waste by 50% by 2030.
Fishpeople wants to fix the ‘fundamentally broken’ seafood industry with increased transparency
The seafood industry is “fundamentally broken” and crowded with businesses beholden to “old school thinking” that fails both the oceans and the consumers, according to Ken Plasse, the CEO of a Fishpeople, which claims to be a different kind of seafood...
‘Unprecedented traction’ of Hippeas attracts Leonardo DiCaprio, Strand Equity Partners
Leonardo DiCaprio – who has already shown quite an interest in the food and beverage sector via investments in guayusa-fueled tea brand RUNA and seafood company Love the Wild – has poured an undisclosed sum into chickpea snack brand Hippeas, along with...
Hormel Foods hit by turkey profit drop
Oversupply in the turkey market has led to US producer Hormel Foods reporting a 2% drop in earnings and a 5% drop in profit for the second quarter of the year.
Tillamook Country Smoker bought by investment firm
Private equity firm Insignia Capital Group has acquired Oregon-based meat snacks company Tillamook Country Smoker for an undisclosed sum.