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.
Tag Archives food processing — page 3
Packaged food giant Conagra Brands’ quarterly results miss on weak demand
Food companies launch partnership to cut dairy industry’s CO2 emissions
Food companies Ajinomoto and Danone unveiled on Thursday a partnership to reduce the dairy industry's greenhouse gas emissions using a feed additive called AjiPro®-L, which is purported to reduce nitrous oxide emissions from manure.
New packing line expands potato production capacity
EarthFresh Farms markets specialty and premium varieties
A new state of the art production line is helping an Ontario company get a premium local product to consumers more quickly and efficiently. EarthFresh Farms Inc. is a Canadian produce company based in Burlington that specializes in growing, packing and distributing potatoes. The company is vertically integrated in all aspects of the potato industry […] Read more
Long-awaited regulatory approval granted to Canada Royal Milk
Chinese-owned manufacturer now plans to make infant formula for the North American market
Canada Royal Milk has received regulatory approval from Health Canada and the Canadian Food Inspection Agency to manufacture dairy-based infant formula at its Kingston production facility. Why it matters: Regulatory approval could provide a new market for domestic milk and a potential use for some of the Ontario dairy sector’s surplus of solids-non-fat milk components. […] Read more
Food and beverage sales to fall in 2024; processor margins to improve
Stabilizing or declining input prices working their way through the supply chain, FCC says
Farm Credit Canada is predicting Canadian food and beverage sales will fall slightly this year as consumers manage tight budgets. Gross margins, however, should increase as the effects of falling commodity prices work their way through the supply chain, the farm lender said in an April 9 news release.
Feds fund agriculture and food processing robotics projects
The federal government pledged up to $5 million in funding for agriculture and food-processing robotics on Friday in hopes of addressing ongoing workforce challenges.
Agriculture workers not mentioned in TFW rule changes
Food processing sees foreign worker limit reduced by ten per cent; construction, healthcare exempted
The federal government announced Thursday that, effective May 1, some sectors would be allowed no more than 20 per cent of their workforces to be made up of temporary foreign workers (TWFs) brought in via the low wage stream—down from 30 per cent since 2022.
Protein sector faces labour crunch: report
Nearly two thirds of agri-food companies can't hire all the workers they need
Government, industry and educational institutes must act now to address the labour challenges confronting the emerging plant-based protein industry in Saskatchewan and Manitoba, according to a new report.
Feds plan to invest in processing projects
The money comes from a fund earmarked to help supply managed sectors hurt by trade deal
The federal government will invest $89 million in 49 processing projects in the supply managed sector. Agriculture minister Lawrence MacAulay was in Ingleside, Ont., at the Lactalis Canada cheese plant to make the Feb. 5 announcement. The projects are through the six-year, $397.5-million Supply Management Processing Investment Fund, which is part of Ottawa's commitment to help sectors that lost market share due to trade agreements.
Sucro Can to open Canada’s largest sugar refinery in Hamilton
Facility will not have a direct impact on Ontario farmers
Sucro Can has announced plans to build Canada’s largest sugar-processing plant in Hamilton. The facility is expected to open in 2025 on lands owned by the Hamilton-Oshawa Port Authority (HOPA). The plant will likely have little direct impact on Ontario farmers, as it will refine sugar cane imported from Central and South America, with no […] Read more
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