WORLD NEWS
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Saputo strengthens position in UK dairy market with acquisition of Wensleydale Dairy
UK – Montreal-based Canadian dairy company Saputo has agreed to acquire the activities of UK cheesemaker Wensleydale Dairy Products for £23 million (US$31.84 million) to strengthen its position in the UK…
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Vietnam rice exports to plummet despite projected rise in production
VIETNAM – Vietnam is losing its market share for white rice to other competitors such as India and Thailand due to uncompetitive prices. This is according…
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Indian milk brand Amul beats pandemic odds to record 2% growth in revenue for FY21
INDIA – The Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which markets dairy products under the Amul brand has beaten all odds to record a 2% rise…
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Preference for corn by Chinese farmers to result in depressed production of Sorghum and Barley
CHINA – A mix of high prices and government policies encouraging or mandating the planting of additional corn acreage has influenced Chinese farmers into planting more maize at the expense of…
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Nestle tops global access to nutrition index for second time in a row
SWITZERLAND – Nestlé, the world’s largest food and beverage company, has emerged the first in the 2021 global Access to Nutrition Index (ATNI), achieving a score of 6.7…