Consumers take to consuming more natural fat, butter makers hit jackpot

WORLD - Consumers aren’t just eating more butter, they are willing to pay more for it, a boon that’s giving outsize gains to makers of premium brands. Global retail butter sales will expand 2.9 percent to $19.4 billion in 2018, outpacing the 1.9 percent growth in sales volumes, according to Euromonitor International. The trend is fanning…

EU approves European Dairy Association guidance for ‘cheese as raw material’

EUROPE - The European Union has approved European Dairy Association (EDA) guidance for “cheese as raw material” towards the high safety and quality of cheese in the processing industry. It also approved the organization for the processed cheese sector, Assifonte’s “Good Manufacturing Practice Guidelines for Processed Cheese”- a major for food safety, consumer protection and…

Refresco completes acquisition of Cott’s soft drinks business for US$1.25 billion

CANADA - Refresco, a leading producer of soft drinks and fruit juices in US and Europe, has completed the acquisition of Cott’s soft drinks business worth US$1.25 billion to become the largest independent bottler in Europe and North America. Cott has announced that the UK Competition and Markets Authority (CMA) finally approved the transaction in…

EU sets 2030 deadline for recyclable plastics packaging in new strategy

EU - The EU plans to make all plastic packaging across Europe recyclable or reusable by 2030. The pledge forms part of a wider plastic strategy to tackle the issue of plastic waste. Other commitments include a reduction in consumption of single-use plastics and restrictions on the use of microplastics, such as microbeads found in some cosmetics. “If…

Agri-food industries highlight risks of hard Brexit, demand clarity

EU - The EU’s food and drink industry has joined forces with farmers and agri-food traders to call for a smooth Brexit transition and highlight the damage a cliff-edge EU exit would do to the bloc’s food chain. Operators in the food chain face “unprecedented challenges” after Brexit, according to Food Drink Europe, the organisation…

European Union lifts ban on Ghanaian horticultural exports

GHANA - Ghanaian farmers can now resume export of all plant commodities to the European Union (EU) market from January 1, 2018, following the European Commission’s decision on October 31, to lift the current ban on commodities from Ghana. A release from the European Union Delegation to Ghana copied to the Ghana News Agency in…

SA citrus industry suspends exports to the EU, with exceptions

SOUTH AFRICA – South Africa has suspended exports of citrus to the EU following the detection of black spot. This comes at a time when the country’s agricultural sector is dealing with the fallout from a prolonged drought. The Western Cape, which produces more than 50% of SA’s agricultural exports, has been particularly hard hit.…

Fonterra invests in Lithuanian dairy producer Rokiskio Suris

LITHUANIA – Fonterra, New Zealand’s dairy company, has invested US$8.26 million in Lithuanian dairy producer Rokiskio Suris, where it has bought more than 3.58 million shares. The investment had been under negotiation for a while, with Rokiskio issuing statement that Fonterra would recover any losses if it withdrew from the planned share issue by November.…