Lack of capital and markets and a slow regulatory environment is bogging down Canada’s ability to build value-added processing capacity and thus bolster agricultural productivity, speakers say.
Tag Archives food-processing
Canada’s agricultural productivity needs kickstart: analysts
Lack of access to capital and markets, slow regulatory environment described as barriers to building value-added capacity and bolstering agriculture's productivity
Lawsuit accuses major food companies of marketing ‘addictive’ food to kids
Major food companies, including Kraft Heinz, Mondelez and Coca-Cola, were hit with a new lawsuit in the U.S. on Tuesday accusing them of designing and marketing 'ultra-processed'; foods to be addictive to children, causing chronic disease.
Manitoba food processing projects to get up to $15.4 million
Burnbrae Farms is among the agri-food companies who will use newly allocated S-CAP funds to expand
Egg company Burnbrae Farms is among the Manitoba agri-food companies who will use newly allocated S-CAP funds to expand processing capacity.
Sustainability claims harder to make under updated Competition Act
More lawsuits and further decline in public trust possible, panelists say
Under amendments to Canada’s Competition Act, companies will be held more accountable for greenwashing claims that are false or misleading about the environmental impact of a product or entity.
Brazil’s JBS sees strong demand for meat in US
Brazil's JBS, the world's largest meatpacker, sees "very strong" demand for beef, pork and chicken in the U.S., said the president of JBS USA, Wesley Batista Filho on Thursday during the firm's third quarter earnings call.
JBS, Sigma vie for Kraft Heinz’s $3 billion hot-dog business, sources say
Brazilian meatpacker JBS and Mexico's Sigma Alimentos are among those competing to acquire Oscar Mayer, the hot dogs and cold cuts business of packaged food giant Kraft Heinz, according to people familiar with the matter.
Packaged food giant Conagra Brands’ quarterly results miss on weak demand
Packaged food giant Conagra reported first-quarter results that missed Wall Street estimates as budget-conscious consumers prioritized spending on lower-priced alternatives over the company's higher-priced pantry staples, sending its shares down about seven per cent.
Food companies launch partnership to cut dairy industry’s CO2 emissions
Food companies Ajinomoto and Danone unveiled on Thursday a partnership to reduce the dairy industry's greenhouse gas emissions using a feed additive called AjiPro®-L, which is purported to reduce nitrous oxide emissions from manure.
Food and beverage sales to fall in 2024; processor margins to improve
Stabilizing or declining input prices working their way through the supply chain, FCC says
Farm Credit Canada is predicting Canadian food and beverage sales will fall slightly this year as consumers manage tight budgets. Gross margins, however, should increase as the effects of falling commodity prices work their way through the supply chain, the farm lender said in an April 9 news release.
Feds fund agriculture and food processing robotics projects
The federal government pledged up to $5 million in funding for agriculture and food-processing robotics on Friday in hopes of addressing ongoing workforce challenges.
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