The proposed trade agreement between the EU and the US - dubbed the Transatlantic Trade and Investment Partnership, or TTIP - has proved a s...
Diamond Foods side-stepped market talk it has put itself up for sale and even suggested it would be open to broadening its own portfolio dur...
A group of 60 institutional investors has written to 15 food and drink companies urging improvement in how they manage and report on water risk in their own operations and in their supply chains. Ben Cooper reports.
ConAgra Foods announced that it will sell off its loss-making private label business yesterday (30 June) in a move that, the company said, will help unlock value for its shareholders. But selling off private brands is about more than offloading an asset that is a challenging turnaround story. New CEO Sean Connolly insists it is about putting ConAgra back on the road to growth. Katy Askew reports.
The use of antibiotics in the rearing of animals has been a much discussed issue in recent weeks, with regulatory and corporate moves across a number of countries. Ben Cooper examines recent events in the context of the widespread concern over antimicrobial resistance.
Campaigners have welcomed McDonald's announcement on antibiotic use in chickens but are concerned that the move is confined to the US. Ben Cooper discusses whether the fast-food operator's decision could spur more action on both sides of the Atlantic.
The creation of Brasil Foods, one of the world's largest meat groups, from Brazil's Perdigao and Sadia, was a rare mega-merger in 2009, when the global crash hit M&A. However, the deal is yet to win complete regulatory approval and, although parts of Perdigao and Sadia are operating together, Brasil Foods is yet to reap the rewards of the merger. In this month's just-food interview, Michelle Russell speaks to Brasil Foods CFO Leopoldo Saboya about the prospects for the business.
US-based meat groups have had a tough time of late amid soaring feed costs and weak domestic demand. However, Tyson Foods, the country's largest processor, has seemed better equipped to weather the storm - not least because of its international ventures. One of the company's key markets is China. In this month's just-food interview, Dominique Patton spoke with James Rice, vice president and country manager of Tyson's Chinese business, about the company's ambitions in the East.
China’s ministry of commerce has extended for another five years countervailing (anti-subsidy) duties that have been charged on US imports of broiler chicken products.
Tyson Foods, the US meat giant, today (8 August) raised its earnings per share forecast after reporting "record" earnings in the third quarter.
Merger and acquisitions have become the major source for revenue growth for the world’s biggest food brands that are part of the top 50 global consumer goods companies.
Tyson Foods has appointed Tom Hayes, its chief commercial officer, to the role of president of the US food group.
Tyson Foods has raised its full-year profit forecast after reporting a jump in first-half earnings today (9 May).
Tyson Foods has appointed ex-Coca-Cola Co. executive Monica McGurk to lead its corporate strategy and new ventures unit.
Tyson Foods, the US meats group, has touted the potential for what it calls its "core nine" group of brands to drive growth in its prepared foods division.
Tyson Foods, the US-based meat giant, is changing the way it is looking to grow in markets outside the US, by moving its focus "from commodities to consumer", Sally Grimes, the head of the company's international business, has said.
Tyson Foods has upped its forecast for annual earnings but cut its estimate for annual sales after its first-quarter results.
Tyson Foods is to invest in a Hillshire Brands bakery plant in North Carolina, a project that will see gluten-free and non-GMO lines added to the facility.
Tyson Foods is mulling whether to make fresh investment in a poultry plant in the US.
Ahead of the climate talks in Paris, Unilever announced plans to be carbon positive from its operations by 2030. Elsewhere, there was more consolidation in the US food sector, with Pinnacle Foods moving for Boulder Brands. Tyson Foods, Post Holdings and Greencore all had annual results out in the week. Maple Leaf Foods outlined plans to "streamline" its business, which is set to lead to the loss of 400 staff. Here is the week in quotes.
Tyson Foods, the US meat products group, today (23 November) claimed "record sales and earnings" in its last financial year, although its fourth-quarter earnings fell below analyst expectations.
ConAgra Foods CEO Sean Connolly, appointed earlier this year to revitalise the US group, announced its latest strategic change, with the company planning to split in two. Tyson Foods explained its decision to close two plants in the US, while Danone set out plans to grow sales and margins year-on-year.
Tyson Foods has detailed plans to close two US plants in a move that will result in the loss of around 880 jobs.
China is lifting a ban it imposed on US pork products last year over the use of a feed additive.
This week, Kellogg announced plans to increase its exposure in Africa through a joint-venture with local player, Tolaram Foods. Elsewhere, Tyson Foods was once again in the spotlight over animal abuse allegations. Nestle lost its battle to trademark its KitKat product in the European Court of Justice Midamar pleaded guilty to allegations it mislabeled products for export as halal.
Animal rights group the Animal Legal Defense Fund has accused Tyson Foods of “cruel” and “illegal” treatment of chickens at a production facility in Texas.
Mondelez International was among a clutch of major players speaking at Barclays' investor conference in Boston this week and the snacks giant set out strategies to try to drive sales. In a busy week of M&A, US bakery giant Flowers Foods bought another organic bread maker, Unilever sold its Indian bakery arm and the owner of Quorn started an auction for the UK meat-free business.
This week, the Barclays Global Consumer Staples Conference took place in Boston with presentations from Mondelez International and Tyson Foods. Nomad Foods also presented and indicated plans to focus on cost-cutting with funds re-invested in the business for growth. Elsewhere, Flowers Foods announced its second acquisition in under a month in organic bread and McCormick & Co. pledged to increase the number of organic and Non-GMO products it sells in the US over the next year. Here is the week in quotes.
Tyson Foods, the US meat giant, has outlined its ambitions for its branded business.
Tyson Foods is to close a processing plant in Denison, Iowa, due to a "continued lack of available cattle".
Rumours Chinese pork giant WH Group is eyeing acquisitions, particularly in the US, have surfaced.
Just a month after reports Tyson Foods was investigating claims of animal abuse at one of its contract chicken farms in Delaware, the US poultry giant has dropped a Tennessee supplier over similar allegations.
- Nestle on China, candy, nutrition - analysis
- England child obesity plan should cheer industry
- Hain accounting issue rounds off problem year
- What lies ahead for Tyrrells and Amplify?
- Future trends in natural food to go mainstream
- Lotus Bakeries enjoys growth organically, via M&A
- Smucker cuts forecast as sales decline
- Unite outlines 2 Sisters stance on UK pizza site
- Nestle strengthens margins but net profit down
- Arla Foods to help Nigeria's dairy development