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The FAO Food Price Index edged higher in February
The FAO Food Price Index (FFPI) averaged 175.5 points in February 2017, up 0.9 points (0.5 percent) from a slightly revised January value. At this level, the FFPI is as much as 26 points, or 17.2 percent, higher than its level in the corresponding month last year and at its highest value since February 2015.
Friday, March 3, 2017
Aviko announced a €200m investment to add extra potato processing capacity
Aviko, one of the top potato processing companies in Europe, plans to invest € 200 million (USD 210 million) in new and existing production plants.
Cosun Potato Processing activities (Aviko) make up for decline in sugar
Royal Cosun announces an increase in its profit for 2016 in comparison with 2015. The projected decline in the profit on sugar was offset by firmer results on other activities, especially potatoes.
January 2017 FAO Food Price Index at its highest value since February 2015
The FAO Food Price Index (FFPI) in January 2017 averaged 173.8 points, up 3.7 points (2.1 percent) from the revised December value. At this level, the FFPI is at its highest value since February 2015
Monday, February 6, 2017
Bob Evans Foods agrees to buy the Pineland Farms Potato Company in Maine
Pineland Farms Potato Company, Inc. (PFPC), located in Mars Hill, Maine confirmed the signing of a Stock Purchase Agreement with Bob Evans Foods (BEF)
Bob Evans Farms transforms itself from a restaurant chain to a food manufacturer
Earlier this week, Bob Evans Farms, Inc. (NASDAQ: BOBE) announced two transformational transactions, turning the company from predominantly a restaurant chain into a food manufacturer.
Thursday, January 26, 2017
Canada cuts import tariffs on food ingredients to boost manufacturing
As the incoming Trump administration talks about piling on new tariffs to discourage imports and protect American jobs, the Canadian government quietly moved in the opposite direction over the holidays: eliminating tariffs.
Friday, January 20, 2017
The FAO Food Price Index fell for the fifth consecutive year in 2016
The FAO Food Price Index (FFPI) averaged almost 172 points in December 2016, unchanged from November. For 2016 as a whole, the index averaged 161.6 points, down 1.5 percent from 2015, representing the fifth consecutive annual decline.
Thursday, January 12, 2017