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Food and Beverage Food Products

  • BRASILIA, March 23- The European Union has asked Brazil to voluntarily suspend all shipments of meat to its member countries to avoid imposing a ban that would take time to lift, but the Brazilian government has not agreed, EU diplomats in Brasilia told Reuters on Thursday. EU ambassadors have been seeking more information on the irregularities discovered in...

  • BRASILIA, March 23- The European Union has asked Brazil to voluntarily suspend all shipments of meat to its member countries to avoid imposing a ban that would take time to lift, but the Brazilian government has not agreed, EU diplomats in Brasilia told Reuters on Thursday. EU ambassadors have been seeking more information on the irregularities discovered in...

  • SAO PAULO, March 23- Brazil's JBS SA, the world's biggest meatpacking company, announced on Thursday that it had suspended beef production at 33 of its 36 plants amid the corruption scandal that has caused some of the country's biggest export markets to ban Brazilian meats. JBS and BRF SA, the world's largest poultry exporter, are among dozens of firms targeted in...

  • American palates are evolving

    A new report shows that consumers are craving a more robust diet packed with diverse foods.

  • Adj. profit of $0.48/ shr vs. est. *Forecasts FY adj. profit at high end or above $1.65- $1.70/ shr. The company, which makes Chef Boyardee pasta and Orville Redenbacher's popcorn, has been shifting focus to drive sales by adding more premium products to its brands while cutting back on discounting and increasing prices in some cases.

  • Dunkin Donuts is replacing a frozen fan favorite

    The coffee chain announced that it will be phasing out the coffee Coolatta and replacing it with the new Frozen Coffee beverage.

  • March 23- Conagra Brands Inc, the maker of Chef Boyardee pasta and Orville Redenbacher's popcorn, reported a better-than-expected quarterly profit on Thursday, as it cut down on unprofitable products and discounts. Net income attributable to the company fell to $179.7 million, or 41 cents per share, from $204.6 million, or 46 cents per share in the third quarter.

  • SEOUL/ HONG KONG, March 23- Major fast-food chains in South Korea and Hong Kong have pulled chicken, beef and pork off their menus as they scramble to reassure customers about food safety as Brazil's meat scandal crisis intensifies. China and Hong Kong are the top two importers of Brazilian meats, last year buying nearly one-third of the $14 billion worth of meat...

  • Maggi, a former state governor and a billionaire soy farmer, told a Senate Committee that his main concern was that China and Hong Kong have not yet taken a definitive stance on their bans of meat from Brazil, the world's biggest producer of beef and poultry. China and Hong Kong are the top two importers of Brazilian meats, last year buying nearly one-third of the $14...

  • SAO PAULO, March 22- Brazil's two largest food processors are striving to restore confidence in their quality controls as they pursue plans to list overseas units after a scandal over alleged bribery of health officials that triggered bans on Brazilian meat exports. The deals could fetch a combined $2.5 billion and help accelerate expansion outside Brazil.

  • BRASILIA, March 22- Brazil's meatpacking industry has been badly damaged by a police investigation into alleged unsanitary and corrupt practices, and could lose upward of 10 percent of its global market share, Agriculture Minister Blairo Maggi said on Wednesday. Maggi told a Senate Committee that the main concern was with the China and Hong Kong not having...

  • Princess Anne, The Princess Royal attends the Gatcombe Horse Trials

    The Queen’s daughter has caused division in the agriculture industry after saying that genetically-modified (GM) crops could be beneficial.

  • GARNER, Iowa/ MEXICO CITY, March 22- Farmers in the U.S. agricultural heartland that helped elect Donald Trump are now pushing his administration to avoid a trade dispute with Mexico, fearing retaliatory tariffs that could hit over $3 billion in U.S. exports. Pork producers contacted Trump's transition team soon after the Nov. 8 election to stress that...

  • GARNER, Iowa/ MEXICO CITY, March 22- Farmers in the U.S. agricultural heartland that helped elect Donald Trump are now pushing his administration to avoid a trade dispute with Mexico, fearing retaliatory tariffs that could hit over $3 billion in U.S. exports. Pork producers contacted Trump's transition team soon after the Nov. 8 election to stress that...

  • LAPA, Brazil, March 21- Brazil's federal police and agriculture ministry said late Tuesday that sanitary and corruption problems found in the nation's meatpacking industry were isolated incidents and that the nation's food safety system nationwide was robust. But Hong Kong, Japan, Canada, Mexico and Switzerland all announced partial or all-out bans on...

  • This is a $2,000 pizza

    The editors at Zagat introduced us to this $2,000 pizza. Covered with 20g of 24K gold (1g just over $39), there is a total of about $800 worth on this pie.

  • LAPA, Brazil, March 21- Brazilian authorities on Tuesday began scouring meat plants closed after a probe into corruption by health inspectors and the alleged sale of rotten products, as Hong Kong dealt a blow to the world's top beef and poultry exporter with an import ban. China is the largest consumer of Brazilian meat, followed by Hong Kong.

  • ZURICH, March 21- Switzerland has banned imports from four Brazilian meat processing facilities as part of Europe- wide safety measures, Swiss authorities said on Tuesday. "A total of four facilities have been barred from exporting meat products into the European Union or Switzerland," the Federal Food Safety and Veterinary Office said. China and the European...

  • ZURICH, March 21- Switzerland has banned imports from four Brazilian meat processing facilities as part of Europe- wide safety measures, Swiss authorities said on Tuesday. "A total of four facilities have been barred from exporting meat products into the European Union or Switzerland," the Federal Food Safety and Veterinary Office said. China and the European...

  • ZURICH, March 21- Switzerland has banned imports from four Brazilian meat processing facilities as part of Europe- wide safety measures, Swiss authorities said on Tuesday. "A total of four facilities have been barred from exporting meat products into the European Union or Switzerland," the Federal Food Safety and Veterinary Office said. China and the European...