WORLD NEWS
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Kraft Heinz, Keurig Dr Pepper report strong Q1 results buoyed by extended at home consumption
US – Kraft Heinz and Keurig Dr Pepper, two of America’s most popular food brands have reported strong Q1 results, as sustained at home consumption…
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Consumers want their products to be sustainably packaged as concerns about climate change abound
GLOBAL – The demand for sustainably packaged products is continuing to rise as consumers become more environmentally aware. According to a recent Global Buying Green…
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Russia mulls soybean export tax reduction as global grain stocks to drop to five-year low
RUSSIA — Russia is examining a 20% reduction of its soybean export tax, but not to less than US$100 per tonne, starting July 1, Reuters…
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ADM’s reports 76% rise in net earnings, expands feed premix offering with new acquisition
US — Agricultural commodities trading giant ADM started the year on a high note and has reported an impressive year-over-year earnings and sales growth during…
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Nestlé launches super premium Nescafe coffee, to acquire core brands of The Bountiful Company for US$5.75bn
US – Swiss food manufacturing giant, Nestlé has expanded its Nescafé coffee portfolio with the addition of what it describes as a super-premium Nescafé that…