Prices for the popular hydrocolloid gum arabic used in a range of
food applications have doubled in 12 months as political turmoil
and poor stocks leave the market exposed, writes Lindsey
Partos.
Global drawdown in cereal stocks, the essence of a raft of
ingredients, may turn the corner this year as a new report from the
UN food agency predicts world cereal production will hit a record
2.04 billion tonnes in 2004, an increase...
Price increases for key raw materials used by the food industry
threaten over the next 12 months as low global stocks remain open
to unexpected disruptions.
Americans' attitudes about genetically modified (GM) foods remain
divided, although their opinions appear not be deeply held and can
be influenced by new information and events, according to a study
released this week, reports...
ADM, the US processor of soybeans, corn, wheat and cocoa for food
that sells extensively to Europe, saw profits in the first quarter
soaring by 77 per cent, fuelled by a drop in oilseed and grain
prices.
ADM, the giant processor of soybeans, corn, wheat and cocoa for use
in foods, saw profits in the first quarter soar by 77 percent,
fuelled by a drop in oilseed and grain prices.
Europe's food watchdog reaffirms the safety of a GM sweetcorn
designed by biotech giant Monsanto on the back of new evidence
submitted by German scientists.
GM starch and corn oil are cleared for use in European food
formulations after Brussels gives the green light on a genetically
modified maize line from US biotech giant Monsanto, reports
Lindsey Partos.
Spearing the growing convenience sector starch specialities firm
Cerestar improves the functionality of its C*PulpTex brand, aiming
to slice away costs for food makers working in the pre-prepared
foods sector.
General Mills is the latest food manufacturer to report a decline
in net profit this year, and again the blame goes on raw material
price hikes and fierce competition in the retail sector writes
Anthony Fletcher.
Australia's food watchdog reassures consumers on the safety of a
genetically modified corn refined for use in a range of food
products after new research sparks rumours.
Despite tough new rules on GM food labels, food makers will stick
to non-GM alternatives as new evidence from the UK shows British
consumers will continue to refuse to buy foods containing biotech
ingredients.
Increased harvests for key food commodities could suggest a
near-term easing up of price pressures for ingredients companies
and food manufacturers but an overall draw-down in global stocks
means prices are still extremely vulnerable,...
Food makers working on the European stage today are matching
consumer concerns over genetically modified organisms, largely
selecting non-GMO ingredients for their food formulations,
highlights a new survey.
There are signs that rising commodity costs are pinching the length
of the food chain with US cereal product maker General Mills
warning that, despite strong fourth quarter figures, the soaring
costs will have an impact in the near...
Joining the growing ranks of ingredients companies taking root in
China to defend their market position, US starch and sweeteners
firm Corn Products International has linked up with Shandong Juneng
Electric Power Group Golden Corn...
As rising cereal prices continue to squeeze profit margins for food
industry participants, food technologists in the US are working on
teasing out new functionalities from the cheap, easy to grow, and
resilient crop sorghum, reports...
As the buffer zone for global cereal stocks continues to fall and
raw material prices rise, the UN-backed Food and Agriculture
Organisation (FAO) warned this week that cereal stocks will
continue to fall, predicting that although...
French starch supplier Cerestar, a subsidiary of US agri-giant
Cargill, will tackle the stagnant European bakery market rolling
out a new generation of cold water swelling starches targeted at
bakery products with fruit, cream or...
After months of political wranglings GM sweetcorn could be on the
supermarket shelves by the end of the year with the European
Commission poised to end the five year unofficial ban on
genetically modified foods, writes Lindsey Partos.
Food makers and ingredients firm across the world are currently
affected by the rising world price for basic food commodities. In
each of the last four years world grain production has fallen short
of consumption, forcing a drawdown...
US-based Dow Agro Science has confirmed that its grain corn
containing an insect resistant trait has received regulatory
approval for import into China, reports Simon Pitman.
Favourable news for the pro-GM camp as a team of British scientists
claims that genetically modified (GM) maize is less damaging to
wildlife than conventional varieties. At the same time, leading UK
organisations call on Tony Blair...
European scientists will meet today to decide the fate of a
genetically modified corn developed by US biotech giant Monsanto. A
positive outcome from the committee would end Europe's five year
ban on GM crops, attacked by a host...
The tide is turning down under with a new poll showing Australians
are increasingly worried about genetically modified foods and the
risk they could pose to human health and the environment.
Americans' knowledge of genetically modified foods remains low and
their opinions about its safety are just as divided as they were
two years ago, according to a new survey released last week by the
Pew Initiative on Food and...