Latest food news & analysis in Latin America
General Mills secured its entry into the fledgling but growing Brazilian yoghurt market with the acquisition of local player Carolina just b...
Much attention has been focused on the impact Mexico's tax on soda tax introduced in January 2014 has had on consumption. Ben Cooper looks a...
Brazilian protein giants Marfrig and JBS have reached an agreement that will see the ownership of European poultry processor Moy Park transf...
Brazilian protein group Marfrig surprised the market yesterday (15 January) with the announcement CEO Sergio Rial will stand down. Rial was...
Arla Foods has invested significantly in overseas expansion, including in emerging markets, to look for avenues for future growth. The European dairy co-op's moves in developing markets have largely centred on Russia, China and Africa but it is also stepping up its activity in Latin America. Dean Best spoke to Arla executive vice president to find out more.
Brazilian food group BRF is working to an ambitious agenda. The company is bent on expanding as a global food manufacturer operating in the protein space. However, eking out growth in stagnant developed markets such as Europe can prove somewhat problematic. At this year's SIAL trade show in Paris, Katy Askew spoke to Europe CEO Roberto Banfi to find out how the company plans to meet this challenge.
Brazil's deal with the US over beef shipments can "transform" the Latin American country's beef sector, according to Marfrig CEO Martin Secco Arias.
Brazil-based meat supplier Marfrig saw its half-year losses narrow in the first six months of 2016, although its sales growth slowed in the second quarter versus the first three months of the year.
JBS, the Brazil-based meat giant, saw pressure on margins on the company's added-value Seara unit and on its US-based beef and chicken businesses in its second quarter.
WhiteWave Foods, the US group set to be taken over by Danone, revealed a recent acquisition in Mexico as it published its half-year results yesterday (9 August).
Grupo Herdez, the Mexico-based food company, has booked lower first-half earnings, despite an increase in sales, amid pressure on the cost of some raw materials and the need to adjust inventory at frozen yogurt retail business Nutrisa.
Brazilian meat group JBS has filed registration requests with the US Securities and Exchange Commission in its next steps towards a corporate shake-up that will see it spin off its international businesses into an Ireland-based company – which in turn is expected to be listed on the New York Stock Exchange.
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