International

Scott Morrison backflips on Foodbank funding cuts amid community backlash

[13 November/ABC Rural] Australian Prime Minister has reversed a decision made by his government to cut fund to Foodbank, the largest hunger-relief organisation in Australia which provides 67 million meals a year to the 4 million Australians that face food insecurity.  The National Farmers Federation, the community sector, the Labor Party and MP’s within his...

Woman faces court over strawberry contamination in Australia

[12 November/NZ Herald] A woman has been charged over the strawberry needle incidents that sparked a nationwide crisis across Australia in September. The woman, My Ut Trinh, a former Queensland strawberry industry worker appeared in Brisbane Magistrates court after being charged with seven counts of contamination of goods with intent to cause economic loss, between...

Protein Extreme: Arla debuts new protein shot concept

[12 November/Dairy Reporter] Arla Ingredients has launched a new protein shot concept for athletes and gym goers at the Supply Side West Show in Las Vegas.  The product, which is supplied in a 100ml shot-size package, differs from other protein shots as its protein comes entirely from whey rather than whey and collagen used in...

Murray Goulburn: Gary Helou likely to face fines following ACCC settlement

[9 November/ABC] Murray Goulburn has reached a settlement with the Australian Competition and Consumer Commission (ACCC) which will likely see former Managing Director Gary Helou fined. The ACCC will apply to the Federal Court seeking declarations that Murray Goulburn and Mr Helou breached Australian Consumer Law in 2016. MG and Mr Helou have both agreed...

Pot stocks move higher as another US state votes to legalise cannabis use

[8 November/NZ Herald] The midterm elections not only saw a change in control of the House of Representatives but saw more states vote to legalize marijuana. The outcome will help the US cannabis market further expand with some analysts suggesting the market could be worth USD75 billion by 2030. Legal cannabis stocks, led by Tilray,...

The opportunities for microalgae are massive: AlgaEnergy eyes growth in food following Yokogawa tie up

[8 November/Food Navigator] Spanish biotech group, AlgaEnergy, has signed an agreement with Japanese electrical engineering and software company, Yokogawa, which involves Yokogawa investing EUR10 million into the company.  AlgaEnergy has been a pioneer in the microalgae biotechnology field for over 10 years operating a commercial production facility in the South of Spain.  The company already...

How avocado seeds could change the natural colours market

[8 November/Food Dive] Researchers at Pennsylvania State University have developed a range of food colours that can be extracted from the avocado seed, something that is generally discarded as waste by most processors at the current time.  The researchers have found that vibrant colours in the red-orange-yellow spectrum can be extracted from the seed using...

Health experts propose a red meat tax to recoup USD172 billion in health care costs

[7 November/CNBC] A new report from researchers at Oxford University in the UK suggests that introducing a health tax on red and processed meat would offset health-care costs and prevent more than 220,000 deaths a year globally.  The researchers looked at optimal taxation levels for red and processed meat in nearly 150 countries and concluded...

Agribusiness Giant shows there is money to be made in Trump’s trade war

[7 November/Bloomberg] Archer Daniels Midland (ADM), one of the large agribusiness commodity trading companies, looks to be one of the few organisations poised to benefit from President Donald Trump’s trade war with China.  ADM reported better that expected earnings for the fourth consecutive quarter with soybean crushing being the main driver of growth.  The company...

Robot pizza maker reportedly takes USD375 million investment from SoftBank

[2 November/CNBC] SoftBank is reported to have committed to a USD 375 million into robotic pizza maker, Zume Pizza, from its USD100 billion Vision Fund, which is partly backed by Saudi Arabia’s Public Investment Fund. The filing on the investment by the company did not name the investor but the Wall Street Journal has reported...

Pastured eggs the new ‘free range’ for consumers worried about animal welfare

[5 November/ABC News] Consumer concern over animal welfare is driving consumers to demand pasture raised eggs in Australia as an alternative to both caged and free range products. The definition of pastured raised eggs is based on the way that eggs are produced, the chickens have to be outside, they have to be farmed in...

Coca-Cola launches Global Ventures group to integrate acquisitions

[1 November/Food Dive] Coca-Cola has created a new global ventures group to ensure that the group adequately connects with and scales globally its key acquisitions, investments and partnerships. The business unit, to be led by experienced executive Jennifer Mann (currently Coke’s Chief People Officer), will focus on ensuring maximum value is secured from acquisitions and...

PepsiCo announces acquisition of Health Warrior, expanding presence in on trend Plant-Based space

[31 October/PepsiCo Inc Release] PepsiCo has announced it has acquired Health Warrior, a producer of products that use plant-based superfood ingredients and have a lower sugar content. PepsiCo said that the acquisition expands the Group’s nutrition portfolio to offer consumers additional options in a growth category. Health Warrior was founded in 2011 by a group...

Government of Canada announces new working groups for dairy sector

[30 October/Dairy Reporter] The Canadian Government has announced new working groups that will collaborate with government on developing mitigation strategies to fully and fairly support farmers and processors to adjust to the impacts of the new US-Mexico-Canada Agreement (USMCA) and the Comprehensive and Progressive Trans Pacific Partnership Agreement. There will also be a group that...

Bayer CEO says would consider glyphosate settlement depending on costs

[2 November/Reuters] Werner Baumann, CEO of Bayer AG, has indicated that the company might considering settling lawsuits relating to Monsanto’s glyphosate containing weed killers if court costs rise to high but defended the combined group against claims the products cause cancer. He said the group would consider settling if the defence costs become higher than...

Salmon industry wins approval for further fish farming expansion in Storm Bay, near Hobart

[29 October/ABC News] Tasmania’s salmon producers were allowed to expand their operations in Storm Bay. The government said 180 jobs would result from the expansion. Tasmania’s Marine Farming Planning Review Panel conducted hearings into the plans earlier in the year which recommended allowing the expansion. The proposals caused concern among some in the boating community...

Could carrots be the secret ingredient to strengthen concrete?

[26 October/Radio NZ] Carrots have the potential to strengthen cement and cut carbon dioxide emissions in the building industry, according to researchers at Lancaster University. Their Lead Researcher, Mohamed Saafi, said they found concrete strength could be increased by up to 80 percent by using a small amount of the new material. The carrots prevented...

BrightFarms sees local as the new organic in produce: ‘We like to think of local today being where organic was 15 years ago’

[25 October/Food Navigator] According to BrightFarms VP of Marketing and Innovation, Abby Prior, said it was in position to bring its local greenhouse model to a nationwide audience with 15 hydroponic greenhouses to be built in the next few years. A Food Marketing Institute Power of Produce Report showed consumers were 60 percent more likely...

Danone pledges to triple global plant-based sales by 2025

[25 October/Food Dive] Danone’s plans for growth include relying on healthy eating, plant-based products and popular dairy categories. They include a pledge to triple its global plant-based sales from USD1.9 billion to approximately UDS 5.7 billion by 2025. Its Chairman and CEO, Emmanuel Faber, said the Danone would place emphasis on core plant-based beverages and...

Want Yellow Peas and Fake Milk? New-Age Traders are Seeking You Out

[25 October/Bloomberg] Emerging foods such as yellow peas, fake milk, and soybeans with differing colours, taste and consistency spurred a wave of new startups that looked to change how crops were sold in a world of rapidly changing tastes. An example is Indigo Marketplace where you can connect to a farmer to purchase wheat from...

Constellation looks to sell US wine brands

[22 October/Food Dive] Reports suggest that Constellation Brands is reportedly planning to sell some of its US based wine brands as part of a portfolio rebalancing away from wine towards to beer and cannabis products.  The company, which is the third largest brewer in the US and controls 90% of the premium beer market, said...

Judge upholds Monsanto verdict, cuts award to USD78 million

[22 October/NZ Herald] A Northern California judge has upheld a jury verdict that Monsanto’s glyphosate based weedkiller caused cancer in a groundskeeper at the same time slashing the compensation award from USD289 million to USD78 million.  The judge denied Monsanto’s request for a new trial but cut punitive damages from USD250 million to USD39 million,...

Baby formula stockpiling footage sparks shock

[22 October/NZ Herald] A debate over Australia’s baby formula stockpilers resurfaced after footage showing a shopping frenzy at a Woolworths store in Melbourne. Shopper, Ben Barak, was surprised that at 8am there were around 50 people lining up with boxes in a line from one end of the supermarket to the other. They all had...

Mad cow disease case confirmed on farm in Scotland

[19 October/Stuff] Mad cow disease (Bovine Spongiform Encephalopathy or BSE) has been found on a farm in the UK for the first time since 2015. This raised concerns that some countries could again move to limit British beef imports. The disease was found on a farm in eastern Scotland. The disease was the common variety...