Reading Time: < 1 minute The United Nations' world food price index dipped in December against November levels, led lower by a drop in international sugar quotations, but still showed a robust gain year-on-year, data showed on Friday.
Food
World food price index eases in Dec, pushed lower by sugar
Global hunger crisis deepens as major nations skimp on aid
Reading Time: 7 minutes The United Nations says that, at best, it will be able to raise enough money to help about 60 per cent of the 307 million people it predicts will need humanitarian aid next year. That means at least 117 million people won't get food or other assistance in 2025.
Louis Dreyfus to buy BASF’s food and health performance ingredients business
Reading Time: < 1 minute Commodity group Louis Dreyfus Company (LDC) said on Monday it had signed a binding agreement to buy German chemicals maker BASF's Food and Health Performance Ingredients business as part of its diversification push.
Conagra trims profit forecast as higher inflation, promotions to dent margins
Reading Time: 2 minutes Conagra Brands on Thursday joined rival General Mills in trimming its annual profit forecast and warning that price cuts on its products across grocery, snacks and frozen food items to spark demand will weigh on margins.
NCIAF and NAAAN to collaborate to advance Indigenous agriculture
Reading Time: < 1 minute Two agriculture advocacy groups have announced a partnership to advance Indigenous national and tribal collaboration on agriculture across Canada, Mexico and the U.S.
General Mills cuts profit outlook as promotions rise to win back consumers
Reading Time: 2 minutes General Mills slashed its annual profit forecast on Wednesday as the Cheerios cereal maker ramped up investments in promotions to attract cost-conscious consumers, sending shares down about three per cent in early trading.
Lawsuit accuses major food companies of marketing ‘addictive’ food to kids
Reading Time: 2 minutes Major food companies, including Kraft Heinz, Mondelez and Coca-Cola, were hit with a new lawsuit in the U.S. on Tuesday accusing them of designing and marketing 'ultra-processed'; foods to be addictive to children, causing chronic disease.
Ontario growers bring ‘sun and fun’ to agri-tourism market
Could agri-tourism boost your farm income? The Davis family has some advice — “You gotta love, love, love people.”
Reading Time: 5 minutes Agri-tourism is trending. For farmers, agri-tourism is a way to diversify, to create new revenue streams and to capture more profit by selling direct to consumers without necessarily having to expand the land base. It can also be a way to make room for additional family members to join the farm business, easing the transition […] Read more
Challenge model a new way to fund, support innovation
Reading Time: 2 minutes Five Ontario companies are among 13 semi-finalists selected in the federal government's Agricultural Methane Reduction Challenge, which is seeking innovative ways to reduce methane emissions from dairy and beef cattle.
EU and South America strike trade deal set to hit pushback in Europe
Reading Time: 2 minutes The European Union and South America's Mercosur bloc struck an agreement on a long-delayed free trade deal on Friday which now faces a tortuous battle for approval in Europe, where there is stiff opposition from France. After negotiations spanning over 20 years, and five years on from an initial deal, European Commission President Ursula von der Leyen and her Mercosur counterparts announced an agreement had been reached in the Uruguayan capital Montevideo.