Business

Marfrig's CEO said the asset sale does not mean Marfrig is retreating from Argentina

China pounces on Marfrig's Argentinian assets

By Oscar Rousseau

Brazilian meat processing giant Marfrig has sold a raft of its Argentinian assets to the red meat Chinese business Black Bamboo Enterprises, a subsidiary of Foresun Group.

Beston beats import prohibition through Chinese distribution deal

Beston beats import prohibition through Chinese distribution deal

By RJ Whitehead

South Australia’s Beston Global Food Company has signed a manufacturing and distribution agreement with Hondo Agricultural Company of China for the production, marketing and distribution of its range of allergen-free, ready-to-eat meals.

Nutricia withdraws Karicare from Chinese market

Nutricia withdraws Karicare from Chinese market

By RJ Whitehead

Danone Nutricia has stopped supplying its Karicare brand in China more than two years after the New-Zealand made infant formula was at the centre of a botulism contamination scare.

“If the last decade was all about ‘Made in China’, the next decade will be all about ‘Made for China’”: UK government. © iStock.com / florencemcginn

Made FOR China: Probiotic firm takes up UK export challenge

By Annie Harrison-Dunn

Welsh probiotic company Cultech will use a free-trade deal to tap into the Chinese market, export ambitions that fall instep with the UK government’s plans to switch from ‘Made in China’ to ‘Made for China’.

Fonterra announced increased profits and an increase in its dividend for farmers

Fonterra profits more than double

By Jim Cornall

New Zealand dairy cooperative Fonterra has announced its first half results for the six months ending January 31, 2016.

Seafood capital rides high on tuna's back

Feature

Seafood capital rides high on tuna's back

By By Catherine Norwood

The small South Australian fishing town of Port Lincoln has boat loads of evidence to support its claim as the seafood capital of Australia.

This is LIDD – a film solution for the ready meal market. Image courtesy of Parkside

Parkside plans Malaysia investment

By Oscar Rousseau

Meat packaging manufacturer Parkside has announced plans to “invest significantly” in its Malaysia plant to offer its Asian customer base the same products as supplies to its European clients.

Sensient opens flavours and colours application centre in Singapore

Sensient opens flavours and colours application centre in Singapore

By RJ Whitehead

Sensient Technologies Corporation is the latest ingredients supplier to open a technical development and application centre in Singapore, through which it plans to offer customers local formulations from its global portfolio of flavours, colours and fragrances.

Thanks to deals with Mead Johnson Nutritionals and KALBE, the new facility at Murray Goulburn's Koroit site is set to go ahead.

Murray Goulburn A$300m plant to go ahead

By Jim Cornall

Australian cooperative Murray Goulburn has entered into a framework agreement to establish a supply alliance with global paediatric nutrition company Mead Johnson Nutrition (MJN).

Cleaver's ethos is that all food animals should be allowed to roam free in their paddock

Australian meat firm redesigns organic labelling

By Oscar Rousseau

Australian clean meat company Cleaver’s has redesigned its meat packaging to help consumers easily identify the ethical and humane way the company believes meat should be produced.

Lhasa KFC opens its doors to divided opinion

China direct

Lhasa KFC opens its doors to divided opinion

By RJ Whitehead

Pressure groups have been lining up to criticise the opening of KFC’s first store in Tibet last week, while China’s official news agency labelled their reaction “a desperate cry”.

©iStock

DISPATCHES FROM FOOD VISION 2016

‘Demand-creation’ business model key to sustainability

By Will Chu

How to create a new high-value, sustainable business model for African ingredients? By focusing on demand-creation first, production second and engagement with communities, says the founder of baobab start-up Aduna. 

Meat traders plan to wait until 31 March before considering a protest

Mumbai meat traders angry with airport sales restrictions

By Raghavendra Verma, in New Delhi

Meat traders in the Indian financial capital of Mumbai are concerned about a potentially precedent-setting tightening of restrictions on sales within a 10-kilometre radius of the city’s Chhatrapati Shivaji International Airport. 

Fonterra is dropping its milk price again by 6%

Fonterra drops milk price again

By Jim Cornall

Fonterra has reduced its forecast farmgate milk price for the 2015/16 season by 6% from $2.80 (NZ$4.15) per kgMS to $2.63 (NZ$3.90) per kgMS.

Blommer buys Shanghai cocoa facility

China

Blommer buys Shanghai cocoa facility

By RJ Whitehead

America’s biggest chocolate supplier has acquired a manufacturing plant in Shanghai as part of an estimated US$40m investment in a fully integrated bean processing and chocolate manufacturing facility.

The app can even work in remote areas without 3G or 4G phone reception

App helps Aussie farmers improve standards

By Oscar Rousseau

A newly-launched app for beef farmers has been developed to help the meat and livestock industry set up a forage budget and improve best practices among producers.

Moto me-too? “If you do something away from Red Bull’s taste profile, you’ll never succeed.

Moto aims to tap into Dubai’s energy

By Eliot Beer

Moto, a new Dubai-made energy drink, made its entry at Gulfood and is aiming to leverage the emirate’s growing reputation to carve out its identity in a crowded market.

Three new Fonterra plants were officially opened at Edendale last month, however, the future for the Kaikoura plant looks bleak

Fonterra looks at plant closure

By Jim Cornall

Fonterra is in discussions to close its Kaikoura cheese-making site in New Zealand, with 22 full-time jobs at risk.

Poultry prices have dropped by 45% as Russia undercuts Kyrgyzstan's trade

Kyrgyzstan poultry farms on the verge of extinction

By Vladislav Vorotnikov

Common customs space with Russia and Kazakhstan has almost killed off poultry farming in Kyrgyzstan, according to a report from the chairman of the country’s Union of Poultry Farmers, Rustam Osmonaliev. 

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