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WORLD NEWS
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Vita Coco raises 2026 forecast after Q3 revenue jumps 34%
The coconut water producer increased its annual sales outlook to $810 million–$820 million and expects adjusted EBITDA of up to $175 million following strong quarterly results.
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Banana industry warns 2027 prices to rise as costs outpace returns
According to industry sources cited by the FAO, banana production costs rose by 40% to 50% above pre-pandemic levels.
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Del Monte Q3 sales rise to US$1.1B as banana segment posts loss
Lower avocado and fresh-cut fruit volumes, together with the divestiture of Mann Packing in late 2025, weighed on sales.
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Atria reports 4% sales rise as pork export ban weighs on earnings
African swine fever-related export restrictions and rising costs continue to challenge profitability across its meat business.
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USDA allocates US$57M to expand US meat processing capacity
Independent processors receive proposed funding to strengthen supply chains, increase competition and expand market access for American livestock producers.