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WORLD NEWS
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Brazil plans dual-rate alcohol tax system
Brazil’s proposed selective tax could introduce dual alcohol rates, leaving producers and retailers uncertain about future pricing and market impact.
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Tata Consumer Products surpasses US$208.96M revenue
Tata Consumer Products crossed Rs 20,000 crore in annual revenue, supported by acquisitions, innovation and the continued expansion of Tata Starbucks in India.
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J.M. Smucker reports 6% Q4 sales growth
Strong coffee pricing and improved cash flow supported J.M. Smucker’s fourth-quarter performance, even as the company projected lower sales for fiscal 2027.
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Mission reports Q2 US$7.2M loss amid avocado price decline, expects recovery on Calavo acquisition
Looking ahead, Mission predicts avocado industry volumes will increase 5%-10% in Q3 compared to 2025.
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US hog futures recover after hitting six-month low as cattle prices advance
Cattle futures gained support from firm cash market prices and steady beef demand.