WORLD NEWS
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Canadian Dairy Commission appoints new CEO, increases farmgate price of milk and butter
CANADA – Canadian Dairy Commission (CDC) has appointed Benoit Basillais, the CDC’s director of policy and economics, to become its new CEO effective 11 July…
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Danone develops infant formula from blend of plant and dairy protein to appeal to flexitarians
NETHERLANDS – Danone, a world-leading food company, has developed a new infant formula that blends plant and dairy ingredients to appeal to parents who want…
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Tyson Foods purchases stake in Saudi-based Tanmiah Food Company to expand global protein footprint
SAUDI ARABIA – Tyson Foods, an American multinational food corporation, has acquired stakes in two Saudi Arabian meat processing companies in an effort to expand…
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Cult Food Science invests in cell-based coffee alternative company to increase global food security
US – Cult Food Science, an innovative investment platform with an exclusive focus on cellular agriculture, has made a strategic investment into Compound Foods, a…
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Vietnam, Pakistan, Brazil grain suffer unfavorable planting conditions
GLOBAL— Post revises estimates of the Vietnam’s marketing year 2021/2022 (MY 2021/22) spring crop harvest area and production down to 3,000 thousand hectares (THA) and…