WORLD NEWS
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Cargill expands specialty tapioca starch offerings in Asia, to invest $25m in US soybean processing plant
US — US agricultural commodities giant Cargill is partnering with Starpro, a key food grade tapioca starch producer in Thailand, to expand its specialty tapioca…
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Middleby enhances commercial foodservice platform following merger with Welbilt in US$4.3bn deal
USA –The Middleby Corporation, a cooking and industrial process equipment company, has agreed to acquire foodservice equipment manufacturer Welbilt, for about US$2.9 billion in an…
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PepsiCo, General Mills commit to advance regenerative agricultural practices to cut down GHG emissions
US — PepsiCo and General Mills, two of America’s largest food corporations, have joined a growing list of food companies taking sustainability efforts to the…
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Nestlé posts 7.7% organic growth in Q1 as Heineken remains resilient amid mounting challenges
EUROPE – Nestlé, the world’s biggest company, has recorded 7.7% organic sales growth in the first quarter, driven by a boost in coffee sales and…
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China soybean imports from US surge in March as Brazil temporarily halts import duties to curtail inflation
CHINA — China’s soybean imports from the United States in March increased 320% to 7.18 million tonnes as delivery from the world’s top soybean exporter…