UK dairy farmers this week gathered at a summit in London to air their views on recent cuts in prices to liquid milk and the implications of the cuts. In the US, PepsiCo and Müller made the much-anticipated launch of their yoghurt range, while Campbell Soup Co. indicated it is eyeing expansion into new categories through its acquisition of carrot-to-beverage firm Bolthouse Farms.

In the spotlight: Dairy farmers lay down gauntlet over pricing
UK dairy farmers have warned they are prepared to take action if processors push through recently announced price cuts.

Comment: PepsiCo, Muller face US yoghurt fight
PepsiCo and Müller have at last showed their hand as they join the fray to win over US consumers, who have found a love for yoghurt.

On the money: Carrefour in "better position" with French hypermarkets
French retail giant Carrefour has suggested that efforts to improve the performance of its hypermarkets in France were paying off, despite sales falling in the second quarter of the year.

Focus: UK government seeks to engage all in the green food challenge
This week saw the launch of the first report of the Defra Green Food Project which aims to bring a wide range of stakeholders together to seek sustainable solutions to the challenges of food security and climate change. 

UPDATE: US: Campbell eyes fresh categories with Bolthouse Farms buy
Campbell Soup Co. has indicated it is eyeing expansion into new categories through its US$1.55bn acquisition of carrot-to-beverage firm Bolthouse Farms.

On the move: Poundland makes strategic move with Higginson appointment
UK discount retailer Poundland yesterday (12 July) announced the appointment of former Tesco finance director Andrew Higginson as its chairman.

Sustainability Watch: European food's 2030 vision
As corporate executives, NGO leaders and government representatives count the carbon cost of their sojourn to Rio last month, Ben Cooper examines FoodDrinkEurope's Environmental Sustainability Vision Towards 2030, the organisation's third sustainability report, published to coincide with the Rio+20 conference and underline the European food sector's commitment to collective engagement on environmental sustainability.

RUSSIA: X5 Retail CEO Gusev steps down
The CEO of Russian retailer X5 Retail Group Andrei Gusev has quit after just one year in the role.

UPDATE: AUS: Confectioner Darrell Lea attracts "early interest"
Australian confectioner Darrell Lea, which went into voluntary administration today (10 July), has attracted "early interest" from potential buyers.

US: US cuts forecast for corn output
The US Department of Agriculture has lowered its forecast for domestic corn production, confirming market fears the country's worst drought in almost 25 years has hit yields.