It's projected to be a strong year for dairy product makers, while meat product manufacturers' margins may be squeezed as rising prices fail to offset higher input costs, Farm Credit Canada (FCC) said in its new Food and Beverage Report.
1.
Tag Archives food processing — page 2
Strong year predicted for Canadian dairy products, meat processors expect squeeze
Protein Industries Canada to fund scale-up of domestic processing
A new pot of cash will help Canadian food processors reformulate products or create new goods for the domestic market in the face of trade uncertainty, Protein Industries Canada (PIC) announced Thursday.
Vanscoy, Sask. plant protein processor closes
Ingredion Inc. has closed its plant protein and flour processing facility at Vanscoy, Sask., effective January 6, according to filings with the U.S. Securities and Exchange Commission.
Lawsuit accuses major food companies of marketing ‘addictive’ food to kids
Major food companies, including Kraft Heinz, Mondelez and Coca-Cola, were hit with a new lawsuit in the U.S. on Tuesday accusing them of designing and marketing 'ultra-processed'; foods to be addictive to children, causing chronic disease.
Brazil’s JBS sees strong demand for meat in US
Brazil's JBS, the world's largest meatpacker, sees "very strong" demand for beef, pork and chicken in the U.S., said the president of JBS USA, Wesley Batista Filho on Thursday during the firm's third quarter earnings call.
Sustainability claims harder to make under updated Competition Act
More lawsuits and further decline in public trust possible, panelists say
Companies that make environmental sustainability claims in Canada will have to put up or shut up. Under amendments to Canada’s Competition Act, enacted earlier this year, they will be held more accountable for greenwashing claims that are false or misleading about the environmental impact of a product or entity. The practice has been the subject of much controversy in the food and agriculture sector.
Dairy dumps on waste report
Critics say a study claiming Canadian dairy producers waste billions of litres of milk each year is based on incorrect assumptions.
JBS, Sigma vie for Kraft Heinz’s $3 billion hot-dog business, sources say
Brazilian meatpacker JBS and Mexico's Sigma Alimentos are among those competing to acquire Oscar Mayer, the hot dogs and cold cuts business of packaged food giant Kraft Heinz, according to people familiar with the matter.
Canada Royal Milk ready to appeal to mainstream moms
Dairy plant opens for tours, sees infant formula powder opportunities in and outside Canada
Canada Royal Milk is ramping up production at its new processing facility on the outskirts of Kingston with an aim to supply baby formula across North America. The processing plant has capacity to produce five times the Canadian market for baby formula.
Packaged food giant Conagra Brands’ quarterly results miss on weak demand
Packaged food giant Conagra reported first-quarter results that missed Wall Street estimates as budget-conscious consumers prioritized spending on lower-priced alternatives over the company's higher-priced pantry staples, sending its shares down about seven per cent.
Cyber-Savvy Farmer
