Reuters — U.S. packaged food companies are set for a flurry of deals in a push to revamp their brand portfolios as their pandemic-era fortunes fade and benefits of price […] Read more
Tag Archives COVID-19
U.S. food companies go deal hunting as pandemic growth fades
Twinkies maker Hostess exploring a sale
Comment: Beware misinformation on livestock mRNA vaccines
Vaccines using mRNA can protect farm animals — and there are safeguards to keep them out of food
Effective vaccines for COVID-19 should have heralded the benefits of mRNA vaccines, but fear and misinformation about their supposed dangers circulated at the same time. These misconceptions have recently spilled […] Read more
Canada retools inflation baskets with more focus on food, gas
Snowblowers and barbecues in, DVD players out
Ottawa | Reuters — Canada’s national statistics agency on Tuesday revealed new weights for the basket of goods and services in its Consumer Price Index, giving more prominence to changes […] Read more
Beef consumption to rise in China, JBS predicts
China seen as more competitive in domestic chicken, pork markets
Sao Paulo | Reuters — Demand for beef in China is expected to rise as the country still has relatively low per capita consumption, Gilberto Tomazoni, chief executive of JBS […] Read more
China’s 2022 pork output highest in eight years
Average hog weights remain relatively high
Reuters — China’s pork output increased 4.6 per cent in 2022 from 2021 to reach its highest level since 2014, official data showed on Tuesday, confounding some expectations for a […] Read more
U.S. grains: Soybeans firm as investors track Argentine weather
Wheat, corn drift lower after multi-week highs
Chicago | Reuters — Chicago soybean futures rose on Thursday, after rallying earlier in the day to the highest price since June, as investors tracked forecasts for much-needed rain across […] Read more
U.S. grains: Soy firm on Argentina weather, China demand hopes
Wheat market awaits U.S. winterkill assessment
Chicago | Reuters — Chicago soybean futures rose for a third consecutive session on Wednesday as traders watched weather forecasts in Argentina for signs of much-needed rainfall, while China’s dismantling […] Read more
U.S. livestock: CME February hogs hit two-month low
China COVID-19 concerns a factor; live cattle close higher
Chicago | Reuters — CME live hog futures fell to a two-month low on Monday, notching their fifth straight day of declines on concerns that Chinese pork consumption will fall […] Read more
CBOT weekly outlook: Circumstances could mess with usual holiday lull
MarketsFarm — Usually at this time of year, the Chicago Board of Trade (CBOT) slips into its holiday lull, with most trading sticking to a sideways range, Scott Capinegro of […] Read more
U.S. grains: Wheat rises on short-covering, China optimism
Wheat still lost nearly 10 per cent in November; soybeans rise on fresh China sales, corn down
Winnipeg | Reuters — Chicago wheat rose for a second straight session on Wednesday, supported by end-of-the-month short-covering and investor hopes that China will loosen COVID-19 rules, although the grain […] Read more