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Lamb Weston to close Netherlands plant

The closure is expected to impact around 110 employees and result in $80m to $110m in pre-tax charges.

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FAO-tracked world cereal prices hit 19-month high on fuel, fertiliser costs

“Rising cereal prices underscore vulnerability to weather-related risks and disruptions in energy and input markets,” FAO director says.

General Mills new COO commits to restoring “profitable top-line growth”

Dana McNabb took the COO role on 1 June and has emphasised a thrust in innovation to drive volumes.

Nestlé to work with US start-up on infant-formula NPD

The Nan brand owner is to work with a US start-up on seeing how “bioactive proteins” can be incorporated in infant formula.

Largest Sanford investor to cut stake in NZ seafood group

The seafood processor’s biggest shareholder is to sell around half its stake in the business.

Livestock sector’s use of antibiotics could jump 30% by 2040, UN warns

The FAO report said global antimicrobial use (AMU) in livestock may touch 143,481 tonnes by 2040 under a “business-as-usual pathway”.

Texas launches probe into potential glyphosate presence in food

“If any corporation is using regulatory loopholes to poison our kids with glyphosate, we will find out and we will secure justice" – Attorney General Ken Paxton.

Danone CEO rules out interest in buying infant-formula peer Mead Johnson

“Taking something that would bring us liabilities for the next 20 years is not something I will do for the company” – CEO Antoine de Saint-Affrique.

Lactalis joins protein fray and bulks up via M&A

Lactalis has announced a deal in a product area where a lot of deals are happening – and where industry watchers think the transactions will continue.