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Day: February 1, 2023

UK dairy farmers brace for low returns as Arla, Muller cut farmgate milk prices

February 1, 2023February 1, 2023

UK – Dairy farmers are set to earn less from their produce following the decision by Arla Foods UK and…

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Dairy & Infant Foods LATEST NEWS WORLD NEWS 

Bachoco acquires Mexican RYC Alimentos, names new CEO to succeed Rodolfo Ramos

February 1, 2023February 3, 2023

MEXICO – Industrias Bachoco, a leader in the Mexican poultry industry and one of the largest poultry producers globally, has…

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Appointments LATEST NEWS Meat, Poultry & Fish Mergers & Acquisitions WORLD NEWS 

Israeli agriculture automation company Dagan to establish fish farming agro-industrial complex in Angola

February 1, 2023February 1, 2023

ANGOLA – Dagan Agricultural Automation is expected to spearhead plans to install an agro-industrial complex dedicated to fish farming in…

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AFRICAN NEWS LATEST NEWS Meat, Poultry & Fish 

Bega Cheese sells stake in joint Venture with Vitasoy for US$36M

February 1, 2023February 1, 2023

AUSTRALIA – Bega Cheese, an Australian-owned and operated cheese company located in the Bega Valley of new south wales, has…

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Dairy & Infant Foods LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Morocco extends period for duty-free meat imports as unrelenting drought impacts local production

February 1, 2023February 1, 2023

MOROCCO – The Moroccan Administration of Customs and Indirect Taxes (ADI) announced that the government has decided to extend the…

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AFRICAN NEWS LATEST NEWS Meat, Poultry & Fish 

Tate & Lyle PLC rebrands business to become purpose-led and growth-focused

February 1, 2023February 1, 2023

UK – Tate & Lyle PLC, a British-multinational supplier of food and beverage ingredients, has unveiled its new brand intended…

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LATEST NEWS Supplier News & Innovations WORLD NEWS 

Nigerian FMCG Bua Foods posts 30% profit rise in FY2022 results driven by sales growth in sugar unit

February 1, 2023February 1, 2023

NIGERIA – Bua Foods, a unit of Nigerian conglomerate with business interests spread across the food and infrastructure sectors, BUA…

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AFRICAN NEWS Financials & Economy LATEST NEWS 

Dole Plc divests US fresh vegetable division to Fresh Express for US$293m

February 1, 2023February 1, 2023

IRELAND – Dole plc, an Irish agricultural multinational corporation, has offloaded its fresh vegetables division in the US to Fresh…

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Fruits & Vegetables LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Coffee production in Kenya falls 69% in 10 years

February 1, 2023February 1, 2023

KENYA- In 10 years, Kenya, which was producing 130, 000 metric tons of coffee per annum, has decreased its production…

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AFRICAN NEWS Agriculture & Agribusiness LATEST NEWS Tea, Coffee & Cocoa 

Tanzania engages OCP Group to set up fertilizer mixing plant in Kisarawe

February 1, 2023February 1, 2023

TANZANIA – Executives from Tanzania are reportedly in talks with Moroccan company OCP Group, to have the company set up…

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AFRICAN NEWS Agriculture & Agribusiness Investments & Funding News LATEST NEWS 

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MOST RECENT POSTS

  • IFF bolters R&D capabilities with launch of two innovation labs in Denmark
  • Danish Crown buys industrial property from Skare Meat Packers
  • Tunisia allows fishmeal and fishery products imports from Russia
  • UK Greek-style yogurt maker Tims Dairy invests in new capacity to boost production
  • UK Greek-style yogurt maker Tims Dairy invests in new capacity to boost production

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Mega Event Gulfood to play a leading role in tackling global food challenges, kick-starting a pivotal year for the UAE in 2023

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