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US agriculture financial squeeze becomes food industry problem

Just Food columnist Victor Martino discusses the implications for US food manufacturers from the challenges facing farmers.

Latest news

Astral Foods workers strike over pay at two South Africa sites

In a statement, employee representatives said “thousands of workers” at Astral's Festive unit have “begun an indefinite strike".

Oatly cuts profit outlook on North America fuel cost pressures

The Sweden-based oat-drinks maker now expects adjusted EBITDA of $16m to $20m, down from $25m to $35m.

Comvita chair Bridget Coates survives no confidence vote 

The company disclosed that 54.27% of ballots opposed the proposal to unseat Coates.

Ebro Foods strikes US deal for Best Rice

Ebro also finalised the $17m acquisition of a production plant in Saint Charles, Missouri, for its Bertagni fresh pasta unit.

Danone plays “offensive” to fix North America EDP underperformance

As the French giant faced challenges in Mizone hydration drinks in China, CFO Juergen Esser insisted the brand is a strategic fit.

Simply Good Foods braces for pricing challenge to reset gross margins

The nutrition business is investing behind its brands to create long-term value for shareholders.

Almarai ventures into red meat with Haboor brand

The Saudi Arabia-based food and beverage company called the launch an “important milestone that will further diversify” its portfolio.

Former Hilton chief Steve Murrells takes Samworth CEO role 

Murrells will take over from Simon Wookey, who will step down in June to pursue “a number of other projects”.

Boparan-backed Roberts Bakery investment creates UK jobs

The investment will fund a new production line for chocolate and “high-protein” clusters at the Little Treats Bakery unit.