The USDA has plans to purchase approximately 11 million lbs. of cheese from private inventories to assist food banks and pantries across the nation, while reducing a cheese surplus that is at its highest level in 30 years.
RPC, which makes rigid plastic packaging for the food, dairy and beverage market among others, is set to acquire British Polythene Industries (BPI) for £261m ($379m), in August, subject to regulatory clearance.
Decreasing global dairy prices, dry conditions and high input costs are tightening margins for Australia’s dairy farmers, and reducing national milk production, according to the latest Situation and Outlook report from Dairy Australia.
Chinese infant formula manufacturer Biostime International Holdings has entered into a Framework Agreement with Isigny Sainte Mère (ISM) to finance an expansion of the French firm’s infant formula production capacity.
The UK organic dairy market remains optimistic this week following the 'shock' announcement from a leading processor that it was cutting payments to farmers, according to another supplier in the segment.
In response to rising demand in the chocolate industry and reduce
dependency on imports, Indian cocoa producers have said they will
increase domestic cocoa production by 60 per cent in the next four
Colloides Naturels International targets natural market demand with a combination of a wheat fibre and an acacia gum fibre that provides non-soluble and soluble fibre for a wide variety of food applications.