Paris | Reuters — China is set to overtake Britain and France to become the world’s second-largest wine consumer by value behind the U.S. by 2020 as consumers turn to […] Read more
China seen set to become world’s second-biggest wine market
Maple Leaf posts higher-than-expected profit
Reuters — Meat-packing company Maple Leaf Foods reported a better-than-expected quarterly profit, driven by increased retail sales in Canada and higher exports. The company, whose brands include Schneiders and namesake […] Read more
BASF still out for ag chem deals
Frankfurt | Reuters –– German chemicals giant BASF said it would continue to push for acquisitions to shore up its crop protection business, after the antitrust-related sale of assets from […] Read more
Tyson Foods beefs up prepared foods with AdvancePierre buy
Reuters – Tyson Foods Inc, the No. 1 U.S. meat processor, said on Tuesday it would buy packaged sandwich supplier AdvancePierre Foods Holdings Inc for about $3.2 billion in cash, […] Read more
Subway says it shut hundreds of U.S. restaurants last year
Reuters — U.S. sandwich chain Subway Restaurants said on Thursday it shut 359 restaurants in the U.S. last year, amid stiff competition in a highly fragmented fast-food industry. Subway, owned […] Read more
Brazil’s JBS to resume slaughtering at six idle beef units next week
São Paulo/Reuters – The world’s largest meatpacker JBS SA will next week resume slaughtering at six out of 10 beef processing units after sending workers on temporary leave earlier this […] Read more
China to work off corn stockpile in three to five years
Beijing/Reuters – China will work off its corn stockpile in the next three to five years, said an executive at one of the country’s top corn processing firms on Wednesday, […] Read more
China clears ChemChina’s Syngenta deal
Zurich | Reuters — ChemChina’s US$43 billion planned takeover of Swiss pesticides and seeds group Syngenta has received approval from China’s Ministry of Commerce (MOFCOM), the two companies said Wednesday. […] Read more
Lactalis still short in bid to delist Parmalat
Milan | Reuters — France’s Lactalis has not secured the 90 per cent stake in Parmalat it needed to press ahead with plans to delist the Italian food company, a […] Read more
Ford recalls F-250s that could roll while in park
New York | Reuters — Ford Motor Co. is recalling about 52,600 F-250 pickup trucks sold in the U.S. and Canada because the vehicles could roll after the driver moves […] Read more
Cyber-Savvy Farmer
