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WORLD NEWS
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Mission Produce revenue rises to US$450M in Q3
The company attributed the results to lower average avocado sales prices resulting from higher global supply.
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ABF warns of deeper sugar losses as European prices, costs pressure business
Weak European sugar prices, higher gas costs and lower UK beet yields are weighing on ABF’s sugar outlook, while its Grocery and Ingredients businesses continue to grow.
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CAMPCO records US$390.7M turnover as arecanut, cocoa businesses expand
The cooperative increased procurement and value addition while raising concerns over imported arecanut and investing in new processing and storage infrastructure.
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India’s sugar refineries to divert 250,000 tons to domestic market
The move follows India’s approval of 1 million tonnes of duty-free raw sugar imports as the government seeks to ease high prices and strengthen festival-season supplies.
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GEA expands Germany test centre as demand for separation technology grows
The project is scheduled for completion by the end of 2026 and will increase the facility’s total area to 3,500 square meters