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Tyson Foods expects steeper losses in beef as third-quarter volumes slide

The US meat giant has downgraded its forecast for the year’s operating income in beef to a loss of $650m on the top side.

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Hershey pricing hits confectionery volumes as salty snacks respond to cuts

Kirk Tanner, CEO of the US giant, said he is “confident we can make progress on both margin and share over time” in confectionery.

US cheese major Sargento buys dips-to-quiche firm La Terra Fina

La Terra Fina’s portfolio includes ready-to-eat refrigerated dips, spreads, quiches and salads.

Thai Union ups forecasts after “strong” Q2

The seafood giant pointed to growth at its ambient and pet-food businesses.

Global Eggs strikes Germany M&A through Hevo arm

Spain’s Hevo Group, in which Global Eggs owns a controlling stake, has snapped up a business supplying retailers including Edeka.

Emerging markets come up trumps for Magnum Ice Cream

CEO Peter ter Kulve is positioning for India to become the “largest ice-cream market in the world”.

Beyond Meat hires former Olam executive as COO

Brijesh Krishnaswamy is expected to become COO on a part-time basis from 24 August and move to full-time employment in September.

Orkla acquires The European Candy Group

Orkla said the deal will give it “production capacity to support continued growth” of its Bubs brand.

“We’re the biggest plant-based company in Europe. We have all the cards” – The Vegetarian Butcher Collective CEO Rutger Rozendaal talks up category

“There is a lot of potential. I think this is just a reset after very fast growth” – Rutger Rozendaal