Grain and oilseed millers are predicted to see sales, volumes and margins decline in 2025 according to Farm Credit Canada's food and beverage report.
Tag Archives food processing — page 2
Grain, oilseed millers’ sales, volumes projected to decline in 2025
Ongoing trade tensions, U.S. policy reviews make oilseed demand difficult to gauge says FCC
Packaged food giant PepsiCo cuts profit forecast as tariffs set to drive up costs
Nestle beats quarterly sales estimates, says indirect tariff impact ‘unclear’
Packaged food giant PepsiCo has cut its annual profit forecast as tariffs are set to drive up production costs and demand remains uncertain. Nestle says it has beaten its first quarter sales growth expectations and tariff effects are unclear.
Vegetable processing contracts delayed by tariffs
With planting looming, contracts for processing tomatoes in Ontario’s far southwest are stalled due to the ongoing tariff dispute between Canada and the United States.
Strong year predicted for Canadian dairy products, meat processors expect squeeze
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.
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.
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