Insights and Stories on Processing

Feb. 23, 2019 at 9:01 pm CST

A major British dairy company is poised to become the property of one of Canada’s biggest dairy processors in a $1.7 billion all-cash deal. Saputo Inc. announced Friday it has an agreement in place with Dairy Crest Group — the maker of Cathedral City cheese and Country Life butter among […]

By GFM Staff

Nov. 27, 2018 at 8:39 am CST

A new $660 million plant at London, Ont. will house Maple Leaf Foods’ Ontario fresh poultry processing operations by mid-2021 as the food processing firm prepares to shut three older facilities. Toronto-based Maple Leaf announced Monday it will build a 640,000-square foot plant at London, billed as “one of the […]

By GFM Staff

Nov. 14, 2018 at 7:01 pm CST

Milan | Reuters — Food group Barilla said on Wednesday it had presented an offer to buy the second-largest pasta plant in Italy from domestic rival Pasta Zara to boost its production capacity. Family-owned Pasta Zara has started court proceedings to get creditor protection after its debt spiralled out of […]

By Reuters

Oct. 10, 2018 at 6:59 pm CDT

CNS Canada — Canada’s pulse crop trade hasn’t stopped, even though its biggest customer, India, isn’t taking large amounts anymore. Instead, buyers are finding themselves having to take business one day at a time and become a bit more creative. “I think everyone is in the same boat; it’s not […]

By Ashley Robinson - MarketsFarm

Sep. 15, 2018 at 4:09 am CDT

CNS Canada — Canola crush margins have fallen to some of their lowest levels in more than a decade, which should keep a lid on any upside in prices. As of Thursday, the canola board crush margin calculated by ICE Futures U.S. was only about $26 above the November contract, […]

By Phil Franz-Warkentin