17 February 2014
Nestle and Mondelez International were among the major food manufacturers reporting 2013 results last week, although perhaps the most notable financial update was ConAgra Foods' second profit warning in five months. Elsewhere, there was speculation over the future ownership of UK grocer Morrisons and United Biscuits continued its international expansion with an investment in Nigeria.
11 February 2014
Shares in ConAgra Foods plunged more than 7% today (11 February) as the US food giant company announced it was lowering its forecast for annual earnings for the second time.
10 February 2014
Cargill has added to its edible oil portfolio in India through the acquisition of the Leonardo brand of olive oil from local group Dalmia Continental.
30 January 2014
Poor logistics, including a lack of infrastructure and trained manpower, keep modern branded food retail from actualising its potential in India, industry experts have warned.
28 January 2014
India's smaller towns and cities are a potential lucrative and largely untapped market for branded food retailers, food giants Nestle and Cargill have said.
27 January 2014
Last week, the race to buy Australian dairy Warrnambool Cheese and Butter Factory took a decisive turn when Murray Goulburn - and WCB investor - accepted the bid from rival suitor Saputo's takeover bid in what has been an ongoing saga. ConAgra Foods and US retailer Trader Joe's were accused of breaking competition law, while Cargill settled discrimination claims out of court. There were rumours French meats firm Jean Caby was undergoing a restructure and that United Biscuits could either float or be sold. And there were job losses at Kellogg, UK baker Bright Blue and US meat giant Tyson Foods. Here is the week in quotes.
23 January 2014
Cargill has agreed a $2.2m settlement after facing allegations it discriminated against the colour, race and gender of potential job applicants.
10 January 2014
Cargill has reported a fall in half-year profits but said earnings improved in three-quarters of its business in its second quarter.
19 December 2013
Our discussion of Whole Foods' battle to see off newly-listed rivals Sprouts Farmers Market and Fairway, Unilever's ongoing moves to rationalise its portfolio, the impact Chinese demand was having on global infant formula supplies and the continued M&A in the sector were among the most popular analysis articles on just-food this year.
16 December 2013
Cargill has started work on doubling the production capacity of a chocolate manufacturing site in Belgium.
27 November 2013
As one of the largest traders of agricultural raw materials in the world, Archer Daniels Midland is probably a direct or indirect link in more food supply chains than it is possible to quantify. Global sustainability director Timothy Venverloh explains how ADM is setting about making its business and those of the companies it supplies more sustainable.
6 November 2013
Agribusiness giant Cargill is to invest GBP35m (US$56.3m) in its UK poultry processing facility in Hereford in a bid to strengthen its position in the country.
9 October 2013
US agribusiness giant Cargill today (9 October) reported a 41% fall in first-quarter profits due in part to the impact of last year's severe drought in the US.
2 October 2013
US agribusiness giant Cargill is reported to be close to securing a deal to acquire Archer Daniels Midland's cocoa business.
27 September 2013
Cargill this week opened its first animal protein plant in China. With demand for protein soaring in the country, the move looks a sound one from the US agribusiness giant. However, the poultry sector in China can be a challenging place to do business.
11 September 2013
US agribusiness group Cargill has promoted its COO David MacLennan to the role of chief executive.
4 September 2013
Cargill is spending US$48m on an automated distribution system at its beef plant in Kansas to "better serve" its retail and industrial customers.
4 September 2013
US agribusiness giant Cargill is investing THB300m (US$10m) in upgrading its poultry processing facility in Saraburi, Thailand, with completion expected for July 2014.
7 August 2013
US agribusiness giant Cargill saw profits almost double in its last financial year, with its food ingredients arm reporting record earnings.
22 July 2013
China has once more dominated the headlines, as we brought you coverage of our recent trip to the country where we were given the opportunity to meet with Nestle CEO Paul Bulcke.
22 July 2013
Last week we published our interview with Nestle CEO Paul Bulcke from China where he spoke about how Nestle is driving global sales growth and its focus on delivering science-based nutrition solutions.
18 July 2013
Reports emerged earlier this month that US agribusiness giant Cargill is exploring the possibility of buying Archer Daniels Midland's (ADM) cocoa business. While not confirmed, such a purchase would create a global giant in the sector. Michelle Russell takes a closer look.
8 July 2013
The story of the week centred around China's probe into the alleged fixing of infant formula prices in China, an investigation that has taken in the likes of Nestle and Danone. Elsewhere, consumer goods giant PZ Cussons has decided to move further into food with its acquisition of Australian baby food business Rafferty's Garden. And our latest executive interviews included Australian free-from business Freedom Foods Group and UK baker Finsbury Food Group.
8 July 2013
Last week saw just-food following China's investigation into the alleged fixing of infant formula prices, which has involved Danone, Nestle and Mead Johnson. We also spoke with a number of company executives about their growth plans including the MD of Australia-based Freedom Foods Group, Rory McLeod, who outlined the company's plans and explained why gluten-free needs to focus more on taste. We also spoke with Finsbury Foods CEO John Duffy about the potential the company sees in bread. Elsewhere, Ocado released its first-half results and FMCG giant PZ Cuzzons struck a surprise deal to buy Australian baby food business Rafferty's Garden.
4 July 2013
B2B chocolate giant Barry Callebaut today (4 July) reported an 8% increase in sales volumes for the first nine months of its financial year, with growth, it said, across all regions.
4 July 2013
A group of states have reportedly jointed a federal anti-trust investigation into a joint venture agreement between Cargill, ConAgra Foods and CHS.
3 July 2013
US agribusiness giant Cargill has remained coy over reports it is exploring the possibility of buying Archer Daniels Midland's cocoa business.
21 June 2013
US agri-giant Archer Daniels Midland has confirmed it is in talks over a potential sale of its cocoa business.
10 June 2013
Brazilian meat giant JBS is to buy domestic poultry business Seara Brasil from local rival and fellow international meat processor Marfrig.
4 June 2013
US agribusiness giant Cargill has opened a chicken facility in near Moscow, marking the firm's first primary chicken processing operations in Russia.