August 2009 Entries
August 31 2009 - The Brazilian response to increased imports of milk powder from Uruguay in recent months led Conaprole, the largest producer of milk from the neighboring country to indefinitely freeze plans to build a plant with processing capacity estimated at about 1 million liters per day in Brazil.
Read full articles [FoodBizDaily]
posted @ Monday, August 31, 2009 5:28 PM |
August 31 2009 - The Russian government has established new import duties on cheeses, according to local press. Starting from August 27 the duty on cheese will be 15% of customs value, but not less than 0.5 euros per kg. Previously, the minimum rate was 0,3 euro per kg.
Read full article [FoodBizDaily]
posted @ Monday, August 31, 2009 12:14 PM |
August 29 2009 - On Thursday, Anheuser-Busch InBev, the world's leading brewer has signed an agreement to sell the Tennent’s Lager brand and associated trading assets in Scotland, Northern Ireland and the Republic of Ireland to C&C Group plc for a total enterprise value of £180 million.
Read full article [FoodBizDaily]
posted @ Friday, August 28, 2009 5:49 PM |
August 28, 2009 – India’s spices export has declined by 14% to 164215 tons valued US$ 347.07 million in the first four months (April-July) in 2009-10 fiscal as against 189870 tons valued US$ 448.30 million during the same period in the last year showing 10% decline in value terms.
Read full article [FoodBizDaily]
posted @ Friday, August 28, 2009 12:40 PM |
August 27, 2009 – KRBL Limited, India’s largest exporter of Basmati Rice, has been conferred with the prestigious APEDA Export Gold Trophy for Basmati Rice sector at the 18th Annual APEDA award ceremony. The award has been given in recognition for being the largest exporter from the country and for the excellence in the Basmati field.
Read full article [FoodBizDaily]
posted @ Thursday, August 27, 2009 2:50 PM |
August 26 2009 - Cadbury announces plans to be the first major chocolate manufacturer in Australia to achieve the Fairtrade Certification on their Dairy Milk chocolate by Easter 2010. Managing Director at Cadbury Australia & New Zealand Mark Callaghan affirms that “Cadbury is incredibly proud to bring Fairtrade Certified Cadbury Dairy Milk, our signature block, to Australian consumers by purchasing Fairtrade Certified cocoa”.
Read full article [FoodBizDaily]
posted @ Wednesday, August 26, 2009 6:23 PM |
August 26, 2009 – Food Safety and Standards Authority of India (FSSAI) will soon introduce new rules and regulations for all food businesses in India. FSSAI has recently proposed a draft rules to regulate food business in India under Food Safety and Standards Act, 2006 which is currently under the process of discussions among the stakeholders, it is learnt.
Read full article [FoodBizDaily]
posted @ Wednesday, August 26, 2009 9:02 AM |
August 26 2009 - An unprecedented scarcity of fruits, vegetables, sugar and flour in Pakistan is leading to soaring prices of the basic goods just as Pakistanis begin shopping for their Iftar meals. Essential items had prices increased, from cooking oil, dates and meat to milk and soft drinks causing the situation to be aggravated by Ramadan as demand for food commodities traditionally rise at the onset of the month of fasting.
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posted @ Wednesday, August 26, 2009 8:05 AM |
August 25 2009 - European consumers have discovered caipirinha, the Brazilian drink, for quite some time now, but this summer its fame has spread throughout the Northern Hemisphere.
Associated with the image of carnival, beach and joy, the Brazilian drink is found in bars of all categories, with prices starting at U$10 in the old continent. Now, in a truly tropical heat with temperatures reaching 35 degrees, a Swiss man decided to innovate and is now producing the very first caipirinha ice cream of the region.
Read full article [FoodBizDaily]
posted @ Tuesday, August 25, 2009 9:48 AM |
August 24, 2009 – In order to discourage bulk consumers from stock-piling sugar and to ensure adequate availability of sugar in the open market for actual consumers, the Government of India has issued an order imposing stockholding limit on consumers.
Read full article [FoodBizDaily]
posted @ Monday, August 24, 2009 12:09 PM |
August 24, 2009 – India might become a net importer of Rice by 2020 in case it fails to maintain 1.75% per annum growth in its yield for next 10 years, according to Rice Report of 2009 published by The Associated Chambers of Commerce and Industry of India (ASSOCHAM).
Read full article [FoodBizIntel]
posted @ Monday, August 24, 2009 9:27 AM |
August 21, 2009 – Indian Sugar Mills Association (ISMA), the apex organization of the sugar factories in the country, has demanded open market sales of sugar as well as opposed the government’s plan for rising levy quota of sugar.
The industry clearly stated that the sugar industry in the country is not in the favor of any restriction on open market sale of sugar.
Read full article [FoodBIzDaily]
posted @ Friday, August 21, 2009 5:56 PM |
August 21, 2009 – India today clearly indicated that the country will not hesitate to import food if the country feels deficiency in food due drought. “We will go for imports. But we do not make announcements of import in a very big way because that has another cascading effect,” Mr. Pranab Mukherjee, Finance Minister, Government of India, said in a meeting with state agriculture ministers here today.
Read full article [FoodBizDaily]
posted @ Friday, August 21, 2009 9:35 AM |
August 20 2009 - The Brazilian government decided to request the establishment of a panel at the WTO (World Trade Organization) to evaluate the anti-dumping measures that the United States imposed on orange juice from Brazil, said yesterday the Ministry of Foreign Affairs.
Read full article [FoodBizDaily]
posted @ Thursday, August 20, 2009 4:50 PM |
August 20 2009 - Sadia took a share of Perdigão's sales after a fire at Perdigão’s factory in Rio Verde (GO), in March, left the company without inventory of some products and caused a fall of 14.3% in sales to the domestic market (compared to the second quarter of 2008).
Read full article [FoodBizDaily]
posted @ Thursday, August 20, 2009 9:29 AM |
August 19 2009 - Indian biscuit Industry especially the Small & Medium Sector, consisting of around 150 units, are facing erosion in their profitability and competitive capability due to steep hike in cost of production on account of increase in prices of major raw materials like wheat flour, vegetable oil, sugar, milk, packaging materials, fuel and wages, Indian Biscuit Manufacturers Association (IBMA) sources said.
Read full article [FoodBizDaily]
posted @ Wednesday, August 19, 2009 2:45 PM |
August 19, 2009 – In order to maintain adequate supply of rice and wheat in the market the Government of India is likely to regulate prices of food commodities.
Mr. Sharad Pawar, Minister of Agriculture, Consumer Affairs, Food and Public Distribution, today said, “In the wake of expectations of reduced production of rice and wheat, the government will not hesitate to undertake open market intervention and release wheat and rice [...]
Read full article [FoodBizDaily]
posted @ Wednesday, August 19, 2009 10:27 AM |
August 18 2009 - After losing more than R$11 billion in revenue this year, the farming of grains in Brazil should significantly grow again in 2011. The 2010 crop of soybeans, corn, cotton, rice and beans that begins to be sown in the Center-South region this month, promises to repeat the performance of this year’s season in both revenues and volume of production.
Read full article [FoodBizDaily]
posted @ Tuesday, August 18, 2009 6:30 PM |
August 18 2009 - The international demand for almonds considerably increased, especially from India and the Middle East, which value of export sales almost triple since last year, according to Julie Haslett, CEO of the representative body the Almond Board of Australia (ABA).
Read full article [FoodBizDaily]
posted @ Tuesday, August 18, 2009 9:26 AM |
August 17 2009 - Marfrig Foods SA, the fourth largest beef packer in the world, and its Brazilian competitor Bertin SA abandoned negotiations to form the largest Brazilian beef processing. Bertin will, instead, focus on a plan of R$3 billion ( U$1.6 billion), to be implemented over the next five years.
Read full article [FoodBizDaily]
posted @ Monday, August 17, 2009 3:23 PM |
August 17 2009 - Cadbury today announced it is responding to consumers by returning Cadbury Dairy Milk to a recipe containing only cocoa butter. The move follows hundreds of letters and emails in which consumers told the company they didn’t approve of a new recipe where a small proportion of the cocoa butter was replaced with vegetable fat, including palm oil.
Read full article [FoodBizDaily]
posted @ Monday, August 17, 2009 10:28 AM |
August 17, 2009 – The Government of India has issued a trade notice regarding import of sugar during financial year 2009-10. According to the trade notice, all contracts for import of sugar continue to be compulsorily registered with the Agricultural and Processed Food Products Export Development Authority (APEDA).
Read full article [FoodBizDaily]
posted @ Monday, August 17, 2009 9:52 AM |
August 14 2009 - “Dorito’s Cool Ranch Corn chips” from USA has been detained at Nhava Sheva Port, Navi Mumbai for verification. The Customs Department also detained another consignment containing Dorito’s Chips manufactured in Taiwan and imported from Singapore. It is believed that they entered without the approval of the GEAC.
Read full article [FoodBizDaily]
posted @ Friday, August 14, 2009 2:08 PM |
August 14, 2009 – Hatsun Agro Products Limited, a leading Indian dairy manufacturer and exporter, has said that the company is now under the process of constructing a state of the art milk powder plant at Palacode in Dharampuri which is expected to commence commercial production by September 2009.
Read full article [FoodBizDaily]
posted @ Friday, August 14, 2009 11:42 AM |
August 14 2009 - OJSC PAVA, one of top-ranked agricultural and processing companies in Russia, is organizing a visit to South Korea scheduled for August 17-25. The plans mark the company’s ongoing efforts to establish strong working relations in the region, since it has embarked on the strategy of export growth.
Read full artice [FoodBizDaily]
posted @ Friday, August 14, 2009 9:38 AM |
August 13 2009 - The differentials in taste and health benefits that derive from the consumption of chestnuts, walnuts and almonds have been responsible for the increase of the domestic demand of these foods.The products have traditionally incorporated into confectionery and sweets, and became popular snacks of national habit. Consumed salted or glazed, the nuts are healthy and nutritious protein supplements, which are gaining space in commercial places and in Brazilian homes.
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posted @ Thursday, August 13, 2009 6:33 PM |
August 13, 2009 – In order to curb the rising price of the sweetener that has crossed INR 30 a kg this week in the wholesale market in the country the Committee of Secretaries, headed by Cabinet Secretary K M Chandrasekhar, has directed the Consumer Affairs Foods and Public Distribution Ministry, Government of India, to remove all the hurdles in sugar imports.
Read full article [FoodBizDaily]
posted @ Thursday, August 13, 2009 9:41 AM |
August 12 2009 - In July, the foreign sales of pork dropped 14.28% compared to the same period of 2008 to 48.1 thousand tons, according to the Brazilian Association of the Producers and Exporters of Pork (Abipecs). In value, the decline was much more significant, 40.5% in the same comparison, to U$100.50 million.
Read full article [FoodBizDaily]
posted @ Wednesday, August 12, 2009 4:42 PM |
August 12 2009 - The state of Florida (USA), the largest orange producer after Brazil, should have a much smaller crop of the fruit next year, as a result of drought and pests, said John Gose, vice president of the Highlands County Florida Citrus Growers Association.
Read full article [FoodBizDaily]
posted @ Wednesday, August 12, 2009 3:31 PM |
August 12, 2009 – Despite phenomenal growth in milk production to become the largest milk producing country in the world dairy exports from India face a number of challenges. The country needs to formulate export promotion strategy for dairy products, said Dr. R M Joshi, Chairperson, Indian Institute of Foreign Trade.
Read full article [FoodBizDaily]
posted @ Wednesday, August 12, 2009 11:36 AM |
August 12 2009 - Speaking to shareholders today at the Annual Meeting of Shareholders in Pittsburgh, Chairman, President and Chief Executive Officer William R. Johnson reviewed the Company’s results for Fiscal 2009 including record sales of more than $10.1 billion.
Read more [FoodBizDaily]
posted @ Wednesday, August 12, 2009 9:55 AM |
August 12, 2009 – Indian biscuits industry has requested the Government of India to intervene in the issue of Value Added Tax (VAT) imposed by the state governments on biscuits at the rate of 12.5% which caused shut down of many small and medium enterprises (SME) biscuits manufacturer units in the country.
Read full article [FoodBizDaily]
posted @ Wednesday, August 12, 2009 9:33 AM |
August 11 2009 - Kraft Foods announced yesterday the construction of a new factory in Brazil, an investment of R$100 million (U$ 52.63 million), one of the largest made by the company in the country. The unit of Vitória de Santo Antão (PE) will produce chocolates and powdered juice drinks to serve consumers in the North and especially Northeast regions.
Read full article [FoodBizDaily]
posted @ Tuesday, August 11, 2009 6:28 PM |
August 11, 2009 – The Centre for Science and Environment (CSE), a Delhi based Non Government Organization (NGO), has strongly condemned Food Safety and Standards Authority of India (FSSAI) regarding the appointment of members of its top Scientific Panels.
Read full article [FoodBizDaily]
posted @ Tuesday, August 11, 2009 9:46 AM |
August 10, 2009 – Rural India has an enormous market potentiality for organized food retail businesses, with rural India accounting for almost half of the domestic retail market, valued over US$ 300 billion, Indian retail industry expert Dr. M. Dhanabhakyam said.
Read full article [FoodBizDaily]
posted @ Monday, August 10, 2009 9:37 AM |
August 10 2009 - First Minister Alex Salmond welcomed the news that Sainsbury's will create 1,300 jobs in Scotland by summer 2010. The new jobs are part of Sainsbury's plans to increase its presence in Scotland, where it currently has 6,000 staff employed in 38 stores.
Read full article [FoodBizDaily]
posted @ Monday, August 10, 2009 9:04 AM |
August 10, 2009 – Himalaya International Limited, leading agri export oriented company in India, will set up a food processing plant with initial investment of around US$ 26 million in Mehsana district of Gujarat which will start commercial production by the September 2010, said Mr. Manmohan Malik, Chairman, Himalaya International Limited, here today.
Read full article [FoodBizDaily]
posted @ Monday, August 10, 2009 8:56 AM |
August 07 2009 - Nestle Waters Italy has a project of some "hundreds of millions of euros" to start bottling the S.Pellegrino in plastic bottles. The launch should happen at the end of 2009 first to markets of the United States and Europe. According to Fabio Degli Esposti, director of international business unit of Nestlé Waters Italy, there are many recreational areas where the S.Pellegrino access is barred because its glass bottle such as in spas and five star hotels pools
Read full article [FoodBizDaily]
posted @ Friday, August 07, 2009 10:27 AM |
August 06 2009 - Drought, higher fertilizer costs and poor demand will cut Uganda's tea output this year to around 43,000 tonnes from an initial estimate of 47,000 tonnes. The world's 13th largest producer according to the United Nations, Uganda has earned an annual average $45 million over the last four years from its tea, making it the nation's third largest foreign exchange earner.
Read full article [FoodBizDaily]
posted @ Thursday, August 06, 2009 5:47 PM |
August 06 2009 -The concern with good nutrition and healthy aging are the main factors that strengthen the industry of functional foods in the world. According to Abenutri - Brazilian Association of Companies of Nutritional Products - the industry currently generates about R$500 million per year. It is estimated that only 5% of the Brazilian population, nearly 10 million people, consume some kind of supplement to balance their diet.
Read full article [FoodBizDaily]
posted @ Thursday, August 06, 2009 10:19 AM |
August 6, 2009 – In order give an extra benefit to the exporters the Government of India has sanctioned US$ 70 million under National Export Insurance Account which may be availed by the Indian food exporters.
According top government officials, this package is aimed at providing additional benefits to the exporters and banks under the Credit Insurance covers issued to them by Export Credit Guarantee Corporation. Food exporters are eligible for this scheme.
Read full article [FoodBizDaily]
posted @ Thursday, August 06, 2009 9:05 AM |
August 5, 2009 – Scientists of Central Institute of Post Harvest Engineering and Technology (CIPHET) have developed a commercially viable process to process peanut milk with negligible nutty flavor. By using such prepared peanut milk, highly acceptable chocolate and vanilla flavored beverages have been developed with about 12% total solids and 3.25% protein.
Read full article [FoodBizDaily]
posted @ Wednesday, August 05, 2009 9:34 AM |
August 4, 2009 –In order to control rising prices of food commodities the Government of India has taken a large number of steps that include duty-free or low-duty imports, ban on exports, improving distribution and issue of more food commodities through Public Distribution Systems, said Mr. K V Thomas, Minister of State for Agriculture, Consumer Affairs, Food and Public Distribution, here today.
Read full article [FoodBizDaily]
posted @ Tuesday, August 04, 2009 4:29 PM |
August 4, 2009 – Himalaya International Limited, a leading processed food manufacturing company in India, has formed two Joint Ventures in United States of America, one covering east coast and the other one covering west coast with two separate cheese companies, company sources said here today.
Read full article [FoodBizDaily]
posted @ Tuesday, August 04, 2009 10:21 AM |
August 3 2009 - In an interview to the Brazilian newspaper “O Estado de São Paulo”, Christian Lohbauer, head of the recently created Citrus BR, The National Association of Citrus Juice Exporters affirms that the industry is not conspiring to rig the market and the decrease in the orange price has to do with the low international demand of the Brazilian juice.
Read full article [FoodBizDaily]
posted @ Monday, August 03, 2009 6:06 PM |
August 3, 2009 – In order to guide Food Business Operators (FOBs) on how to carry out a food recall the Food Safety and Standards Authority of India will soon announce regulation for recall procedures by issuing a government notification. This regulation may be called Food Authority’s Food Recall Procedures Regulations, 2009, a top government official told FoodBizDaily.com here today.
Read full article [FoodBizDaily]
posted @ Monday, August 03, 2009 9:35 AM |
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