WORLD NEWS
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Smithfield Foods expands US footprint with opening of next generation distribution center
USA –American based global food company Smithfield Foods has opened an automated, next-generation distribution center in Olathe, Kansas in an effort to expand its distribution…
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Coca-Cola revenues rise 16% in Q1 driven by strong recovery in away-from-home channels
USA – American multinational beverage company Coca-Cola has reported a 16% rise in first quarter (Q1) earnings primarily driven by strong recovery in away-from-home channels…
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Chobani discontinues ultra-filtered milk production citing high inflation
USA – American Greek yogurt maker, Chobani, is ending the production of its Chobani Ultra-Filtered Milk three months after launch, citing high inflation in the…
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China moves to protect grain reserves, announces early suspension of wheat auctions
CHINA — China has announced an earlier than expected suspension to weekly wheat auctions from state reserves in an effort to preserve what is left…
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Ofi strengthens North America presence with US$117m acquisition of Canadian coffee roaster Club Coffee
CANADA – Singapore based global food ingredients supplier ofi (formerly Olam Food Ingredients) has acquired Canadian coffee roaster Club Coffee for C$150 million (US$117m). Operating…