Fonterra’s latest financial projections signal impressive market confidence as the dairy cooperative raises its FY25 earnings forecast by a substantial 25%. The revised earnings range of 55 to 75 cents per share demonstrates Fonterra’s strengthening position within global dairy markets, particularly through its ingredients business and consumer channels. Despite economic challenges faced by the dairy […]

The UK’s food innovation landscape has taken a significant step forward with the Food Standards Agency’s (FSA) launch of a pioneering regulatory sandbox program designed to accelerate the approval of cell-cultivated meat products. In a move to catch up with global competitors like Singapore and Israel, the UK aims to complete safety assessments for two […]

In a significant escalation of trade tensions, China has announced sweeping tariffs on Canadian agricultural and food products, set to take effect on March 20, 2025. The retaliatory move comes in direct response to Ottawa’s earlier imposed tariffs on Chinese goods, with China’s commerce ministry explicitly condemning Canada’s actions as violations of World Trade Organization […]

Exciting news for cookie lovers with dietary restrictions! Tate’s Bake Shop has launched gluten-free versions of their beloved Tiny Tate’s Chocolate Chip Cookies, bringing their signature crispy texture to a wider audience. These new offerings are crafted in a dedicated gluten-free facility and have received recognition from the National Celiac Association for their safety standards. […]

Finnish meat processor HKFoods has announced the closure of its slaughterhouse in Paimio due to an ongoing decline in cattle numbers, particularly dairy cows. This strategic decision will move cattle and sow slaughter operations to Liha Hietanen in Sastamala starting March 31, 2025. The company reports that diminishing livestock populations have significantly impacted their operational […]