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Increases across sugar, cereals, and vegetable oils drove the headline number upward, offset by dips in dairy and meat.
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The US regulator has issued its final findings from trace investigations and on-site inspections following the iceberg lettuce recall.
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“The project reflects Ferrero’s intention to establish a state-of-the-art industrial facility,” the owner of the Ferrero Rocher and Nutella brands said.
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The veg group said the €35m ($39.2m) impairment reflected “challenges” in the North American ready-to-eat business.
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Trade body ANIA said the move "will severely impact the purchasing power of the French".
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The deal is envisaged to increase the US protein group’s chicken sales to 13% of the portfolio from around 5% currently.
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Frozen food has moved from a back-up option to a core element of meal planning for a growing share of US households.
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The France-based agri-food co-ops said a “deterioration” in the economic climate meant they had decided to step back from the deal.
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