Supply Chain

ADM Said Near $3.4 Billion Deal to Buy Wild Flavors

Archer-Daniels-Midland Co. (ADM) is nearing an agreement to buy Wild Flavors GmbH, a maker of natural food ingredients backed by KKR & Co., for abo...

Fresh Deal in China For Bright Foods and Keelings

Irish food producer Keelings' wholly owned subsidiary Keelings Solutions, has signed a cooperation agreement with the Chinese state-owned food company Brig...

Cocoa Shortage Puts Pressure On World Chocolate Market

Owing to a rapidly increasing global demand for cocoa beans, chocolate bars may have to shrink in the next number of years. At the World Cocoa Confere...

Russia Seeks Delay On New EU Air Shipments Rules

Russia is seeking a delay for new EU security rules on air-freight shipments. From 1 July, airlines will have to show that security procedures on air cargo...

UK Ministers Tell Retailers To Act Against Slave Labour

A Guardian investigation has revealed that prawns sold in the UK were produced using slave labour.   Jenny Willott, the consumer affairs minister,...

Nestle To Increase Direct Sourcing Of Commodities

FMCG giant Nestle is planning to increase its direct sourcing of commodities. The group will double the ratio of commodities it sources directly in the...

Beef Prices In The U.S. Soar

Cattle futures extended a rally to a record as Americans are gearing up to pay the most ever for beef served at barbecues over the Fourth of July holiday w...

World Food Prices Fall for 3rd Month as Grains Lead Drop

World food prices fell for a third month in June as the cost of grains and vegetable oils slumped amid expectations for rising supply, the UN’s Food...