Lamb sees global price spike, says MLA
Australian lamb prices have spiked through the 700¢ and 800¢/kg cwt mark in a matter of two months, due to growing demand for the meat, according to Meat & Livestock Australia (MLA).
Archives for August 30, 2018
Chinese ‘diplomatic sanctions’ could hurt big US food brands as trade war escalates
With China having vowed to retaliate against the growing number of sanctions placed on it in by America in an escalating trade war, a number of major US brands with sizeable operations in the Asian giant stand to lose out, including foodservice chains...
Thai egg firm seeks to crack consumer e-commerce market with new logistics link-up
Thai egg producer Kasemchaifood is seeking to branch out from its b2b base and move into the consumer market via e-commerce after linking-up with logistics firm DHL.
Heinz US$1.64m fine in Australia over misleading claim sparks calls for action in New Zealand
Heinz's US$1.64 million (A$2.25 million) fine in Australia for claiming that its toddler-targeted snack, Little Kids Shreds, was healthy and nutritious for young children, has sparked calls for action in New Zealand too.
Philippine rice crisis escalates as shortages push prices to a three-year high
The price of rice in the Philippines has increased for the eighth month straight and hit a three-year peak, despite the injection of rice imports.