The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Agriculture
Cargill teams up with cell-based cacao start-up Kokomodo
Cargill has entered into a partnership with Kokomodo, an Israeli food-tech company that produces functional cacao ingredients through cellular agriculture.
Smithfield Foods to build new $1.3bn meat facility in South Dakota
Smithfield Foods has announced plans to build a new packaged meat and fresh pork processing facility in Sioux Falls, South Dakota, US.
Cocoa bottleneck in Ivory Coast signals supply risk for global chocolate makers
Reuters has reported that cocoa stocks in the Ivory Coast are piling up as exporters resist the fixed farmgate price, disrupting global chocolate supply.
Chiquita completes banana pan-genome in push to future-proof global supply
Chiquita has completed the Yelloway banana pan-genome, a scientific milestone designed to accelerate the development of disease- and climate-resilient bananas.
DSM-Firmenich to sell animal nutrition unit to CVC for €2.2bn, sharpens focus on food, health and beauty
DSM-Firmenich has agreed to sell its Animal Nutrition & Health business to private equity firm CVC Capital Partners for an enterprise value of around €2.2bn.
China cuts tariffs on EU dairy imports, easing pressure on cheese and cream exporters
China has sharply reduced provisional import tariffs on European Union dairy products, easing pressure on exporters of high-value cheese and cream.
FoodChain ID expands Brazil footprint with Sbcert acquisition
Food safety group FoodChain ID has acquired Brazilian certification body Sbcert, strengthening its position in livestock traceability and compliance.
Heritable Agriculture wins $5m Gates grant to advance AI-driven climate-resilient crops
Heritable Agriculture has won a $5m Gates grant to develop AI-driven, climate-resilient crops for smallholder farmers in low- and middle-income countries.
2nd Nature launches first AI-discovered portfolio of functional ingredients
2nd Nature, the developer of the AgWaste Portal intelligent upcycling platform, has announced the launch of its first portfolio of AI-discovered functional ingredients.
French competition authority approves major agri-food mergers
France’s competition authority cleared Greenyard–Eureden JV and the merger of cooperatives Terres du Sud and Vivadour.
Irish food, drink and horticulture exports reach record €19bn amidst market challenges
The report highlights that the growth in exports was primarily driven by significant price increases in key categories such as beef and dairy.
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