17 June 2013
Investment firm Starboard Value, which holds a 5.7% stake in Smithfield Foods, has suggested the proposed takeover of the US pork processor by China's Shuanghui International "significantly" undervalues the company.
17 June 2013
The latest just-food interview saw the boss of Nestle's business in Greater China discuss the food giant's strategy in the market and why he believed the world's largest food manufacturer had the edge on its rivals in the region. It was a week of a number of notable pieces of M&A, including Canadian retailer Sobeys' move to buy Safeway Inc's business in Canada and JBS's deal to acquire Seara Brasil from local meat rival Marfrig.
17 June 2013
This week, just-food spoke with the CEO of Nestle Greater China, Roland Decorvet, who went into detail about the company's strategy in China and the challenges it faces there. We also garnered analysts' thoughts on Amazon's plans for its US grocery business and Carrefour's prospects for the African market. Elsewhere, JBS announced a deal to buy domestic poultry business Seara Brasil, Sobeys bought Safeway's Canadian operations, and B&G Foods snapped up Pirate Brands.
11 June 2013
Marfrig has said the sale of its domestic poultry business would make the Brazil-based meat group "stronger" and allow it to focus on growth opportunities elsewhere.
11 June 2013
Kettle Chips owner Diamond Foods has named former A&P CFO Raymond Silcock as its new finance chief.
10 June 2013
Brazilian meat giant JBS is to buy domestic poultry business Seara Brasil from local rival and fellow international meat processor Marfrig.
30 May 2013
Thai food giant Charoen Pokphand Foods and Brazilian meat group JBS look unlikely to table counter bids for Smithfield Foods after claims they were considering buying the US pork processor before it agreed to a takeover offer from China's Shuanghui International.
15 May 2013
JBS, the world's largest beef producer, has recorded an increase in first-quarter earnings as beef prices and sales volumes in its domestic market increased.
13 May 2013
US breakfast cereal group Post Holdings kicks off a relatively quieter week of results with its half-year numbers on Monday. On Tuesday, meat giants Marfig and JBS will report on how it fared in the first three months of the year - as will Wal-Mart on Thursday. The week also includes an international conference in the Netherlands looking at the sustainable cultivation of soy.
3 May 2013
US poultry group Pilgrim's Pride has reported a near-40% jump in first-quarter profits as a broader product mix boosted sales.
3 April 2013
When Brazilian dairy processor Vigor bought 50% of rival Itambé in February, it said it went from being the fourth-largest in the country to third. However, its ambitions do not stop there, writes Paula Krizanovic.
14 March 2013
JBS, the world's largest beef producer, swung back into the black in 2012, helped by its businesses across South America and by a profitable performance from its US poultry unit.
7 March 2013
A focus on selling more yoghurt and cheese has boosted annual earnings at Brazilian dairy processor Vigor.
22 February 2013
Brazilian dairy group Vigor has acquired a 50% stake in local co-operative rival Itambe.
19 February 2013
Nestle has recalled two beef ready meals on sale in Spain and Italy after tests returned positive for horse DNA.
1 February 2013
Brazilian beef group JBS has completed the acquisition of local indebted beef processor Independencia Group.
10 January 2013
Brazilians meat firm JBS expects to complete the acquisition of key XL Foods assets within a week, and is seeking regulatory approval to handle the stricken Canadian group's US operations.
11 December 2012
The facility owned by Canada's XL Foods at the centre of an e. coli scare has been allowed to resume exports to the US.
14 November 2012
Beef giant JBS has said it will increase beef production levels in its domestic market of Brazil as it looks to capitalise on the lower-cost production model operating in the country.
14 November 2012
Brazilian beef group JBS has booked an increase in third-quarter profits as sales rose by almost one-quarter in the period.
5 November 2012
Brazilian beef firm JBS has entered into an agreement to acquire local poultry processor Agroveneto.
31 October 2012
US poultry producer Pilgrim's Pride has reported its third consecutive quarterly profit, with the bottom line boosted by restructuring initiatives.
25 October 2012
The Canadian Food Inspection Agency (CFIA) has allowed XL Foods to re-open the facility at the centre of an e. coli scare after an assessment of its food safety controls.
18 October 2012
Brazilian beef firm JBS has entered into an agreement that will see its US business assume operational control of the Canadian operations of XL Foods, the company at the centre of a large-scale food scare.
18 September 2012
Brazil-based meat processor JBS has appointed Gustavo Kahl as the president of its Argentinian operations.
11 September 2012
Brazil-based meat processor JBS is to close its loss-making King Island processing facility in Australia, placing around 70 jobs at risk.
15 August 2012
Brazil-based meat processor JBS has reported a first-half profit of over BRL285m (US$140.6m), swinging from a loss of BRL34m a year earlier.
18 July 2012
The Russian government has lowered its forecast grain harvest as poor weather conditions look set to damage the region's crop output. The news will concern the food industry, adding to spiking grain prices amid concerns over a supply shortfall. Katy Askew reports.
10 July 2012
The futures market for grain products, particularly corn and soybean, retreated from record highs today (10 July) after a two-week run that one analyst described as "breathtaking". However, rather than signifying the return of stability to the market, it seems likely that traders are catching their breath as they await the USDA's monthly crop estimates.
29 June 2012
Shares in Hillshire Brands, formerly part of Sara Lee, rose today (29 June) as the pure-play US meat company listed on the New York Stock Exchange. Michelle Russell takes a look at what lies ahead for the firm as analysts suggest it may become a takeover target.