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Food Products Agricultural Producers

  • BRASILIA, March 21- Brazil's President Michel Temer said on Tuesday that the alarm cause by the discovery of irregularities in meat industry controls was unfounded because very few meatpacking plants were involved.

  • SEOUL, March 21- Seoul will lift a temporary ban on sales of chicken meat from Brazil's BRF SA after the South American nation said shipments to South Korea did not contain tainted products. South Korea's agriculture ministry said in a statement on Tuesday that the Brazilian government notified it the day before that tainted meat from around 20 meat processing...

  • *May raw sugar futures were off 0.65 cents, or 3.6 percent, at 17.60 cents a lb at 1521 GMT after dipping to a low of 17.52 cents, the weakest for the front month since early June last year. *May white sugar fell $11.30, or 2.2 percent, to $499.00 a tonne. *Mexico demands reciprocity in its refined sugar-for-fructose trade with the United States and it is unfair to "punish" its...

  • CHICAGO, March 16- A Wal-Mart Stores Inc supplier has recalled frozen pizzas available in 11 U.S. states due to concerns about possible listeria contamination, according to the retailer and the U.S. Department of Agriculture. RBR Meat Company recalled about 21,220 pounds of Marketside Extra Large Supreme Pizza that were shipped to retail distribution...

  • *Americans eat 70 mln lbs of corned beef on St. Patrick's Day. CHICAGO, March 15- In recent weeks, the U.S. meat industry has found itself wrestling with a culinary conundrum: Would American Roman Catholics be able to eat corned beef this St. Patrick's Day? At least 80 of the nearly 200 U.S. Catholic dioceses have issued some form of exemption on avoiding meat on St....

  • WASHINGTON, March 10- The United States and Mexico will launch a new round of negotiations to resolve a years-long trade dispute over Mexico's sugar exports to the United States, senior officials in both governments said on Friday. Commerce Secretary Wilbur Ross and Mexican Economy Minister Ildefonso Guajardo said the talks would be aimed at resuming...

  • WASHINGTON, March 10- The United States and Mexico will launch a new round of negotiations to resolve a years-long trade dispute over Mexico's sugar exports to the United States, senior officials in both governments said on Friday. Commerce Secretary Wilbur Ross and Mexican Economy Minister Ildefonso Guajardo said that the talks would be aimed at resuming...

  • *Q4 GDP revised to annualised +1.2 pct vs prelim +1.0 pct. TOKYO, March 8- Japan's economy grew more than earlier estimated in the fourth quarter as capital expenditure grew at its fastest in almost three years, welcome news for policymakers as they begin to discuss how to wind down years of massive stimulus. "The economy will remain in recovery mode, because we are...

  • MEXICO CITY, March 7- Mexico has canceled existing sugar export permits to the United States in a dispute over the pace of shipments, according to a letter seen by Reuters, in a flare-up industry sources said could temporarily disrupt supplies. The letter sent by Mexico's sugar chamber to mills on Monday partly blamed the situation on unfilled positions at the...

  • Feb 21- Canadian meat processor Maple Leaf Foods Inc said on Tuesday it would buy U.S.-based Lightlife Foods Inc for $140 million and related costs. Lightlife Foods, a manufacturer of plant-based protein foods, reported 2016 sales of about $40 million and has a 38 percent market share in the U.S. refrigerated plant proteins market, the company said.

  • SAO PAULO, Feb 6- The status of sugar in the Mercosur trade bloc is likely to be discussed by the presidents of Brazil and Argentina when they meet on Tuesday, Brazil's Agriculture Minister Blairo Maggi said on Monday. Presidents Michel Temer of Brazil and Mauricio Macri of Argentina will meet in Brasilia as part of an official visit by the Argentine leader.

  • ALBA, Italy, Jan 11- The $44 billion palm oil industry, under pressure in Europe after authorities listed the edible oil as a cancer risk, has found a vocal ally in the food sector: the maker of Nutella. The hazelnut and chocolate spread, one of Italy's best-known food brands and a popular breakfast treat for children, relies on palm oil for its smooth texture and shelf...

  • KUALA LUMPUR, Jan 10- Palm oil prices will this year average between 2,700 and 2,800 ringgit, Malaysia's minister of plantation industries and commodities said on Tuesday. The government in Malaysia, the world's No.2 producer of the edible oil, gives the average for last year as 2,600 ringgit. Mah added that he expected Malaysia's 2017 palm output to grow from the...

  • Reuters reported on Thursday that BRF wants to raise about $1.5 billion from the sale of a 20 percent stake in the unit, known as One Foods Holdings Ltd. In a Friday securities filing in response to the report, BRF said the IPO could take place in London but it is also gauging a private placement.

  • BRF, a Brazilian behemoth created through the merger of two rivals in 2009, is likely to pick London as the listing place for One Foods, they added. Proceeds could be used to help propel the expansion of One Foods into Asian Muslim nations. One Foods, which operates ten plants and has 15,000 employees, already controls 45 percent of the poultry market in Saudi Arabia,...

  • HAVANA, Dec 27- Cuba's economy shrank 0.9 percent this year in tandem with the crisis in its key trading partner Venezuela, its economy minister told the National Assembly on Tuesday in a closed-door speech, predicting a slightly brighter outlook for 2017.. The figure suggests the island nation's economy contracted sharply in the second half of 2016 after the...

  • HAVANA, Dec 27- Cuba's economy shrank 0.9 percent this year due to a fall in exports to its oil-producing allies as they struggled with the long slump in global fuel prices, its economy minister told the National Assembly on Tuesday in a closed-door speech. In excerpts published by official media, Economy Minister Ricardo Cabrisas told the National Assembly...

  • LONDON, Dec 18- Richard Bunce says he felt sick when voters decided to take Britain out of the European Union in June, forcing him into a emergency review of his firm's expansion plans. Now he plans to spend another 750,000 pounds on robotic metal-working equipment at Mec Com's plant near Stafford, a town 135 miles northwest of London, after landing a big contract...

  • SAO PAULO, Dec 5- Brazilian food maker JBS SA, the world's largest beef processor, plans to launch shares of its subsidiary JBS Foods International B.V. in the United States in the first half of 2017 as a part of a larger reorganization, the company said on Monday. Under the plan, the unit currently based in the Netherlands would be responsible for managing all of the...

  • SAO PAULO, Dec 5- Brazilian food maker JBS SA, the world's largest beef processor, plans to launch shares of its subsidiary JBS Foods International B.V. in the United States in the first half of 2017, said the company on Monday.