While Ukraine’s next season of wheat is ready to be harvested, more than 22 million tonnes of last year’s crop still cannot reach swathes of people highly dependent on the grain. Meanwhile, the sharp drop in the wheat price could indicate less optimism...
While some industry players are reining in spending to build-up reserves in case of a recession, General Mills is taking the opposite tack – choosing to double down on investments and explore acquisitions that could help it stay ahead of the competition...
Take up of robotic technology in the food sector is set to steadily increase as processors are forced to seek further efficiency gains and demand could challenge that of the automotive industry within a decade, said the head of a leading trade body.
A trade union representing Bemis workers has questioned the viability of its proposed acquisition of Alcan Food Packaging Americas claiming the deal would leave the company with an excessive debt burden.
Food firms looking to trim costs in the recession must be sure to complete due diligence in their ingredient sourcing and not compromise the long-term image of their brands by reduced quality, warns a food chain consultant.
Spotting a market opportunity ten years ago, John Mudd set out to create an alternative to mass-produced crisps, building a business that today sees 2.5 million packs of Real hand-cooked crisps sold each week in the UK.
BakeMark UK has advised that “economising is not the same as down trading” and has suggested that using premium quality ingredients is the most important factor in remaining competitive – even if that means comparatively higher costs.