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Trade & Markets Updates
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Ferrero Group increases its purchase of hazelnut from Oregon
The quality achieved by production in the region has led to the increasing purchase.
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Morocco enforces ban on female sheep, goat slaughter until 2026 due to meat, livestock crisis
The government is doing so to protect livestock amid prolonged drought.
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Global wine market faces decline, but millennials offer a promising future – IWSR
Despite falling wine consumption and an aging consumer base, opportunities exist to engage younger, adventurous drinkers willing to explore premium offerings.
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Nestle to close its Neuss processing plant due to declining volumes
This closure is driven by growing consumer price sensitivity and escalating costs.
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Jerry Hagedorn named as National Confectioners Association board chair
Hagedorn brings decades of experience in the confectionery industry, having served as Vice Chair of the NCA and led its Chocolate Council.