How should US food firms act when inflation bites?
Overall food prices, from groceries to dining out, rose 1.1% in July from June 2022.
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Canadian seafood firm Cooke buys Belgian shrimp business Morubel
Cooke has acquired the business from Bencis Capital in the Netherlands.
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US meatpacker WilMar snapped up by PE firm Highview Capital
Highview intends to merge WilMar with its portfolio company Randall Foods.
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Canada’s Premium Brands Holdings commits to more M&A after twin deals
Premium Brands has initiated CAD490m (US$381m) in pricing over past four quarters.
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Tyson Foods sales propped up by chicken demand as pricing action sticks
Pricing across its segments was up 8.1% during the quarter.
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How AI can aid the food industry – and workers
Despite fears for jobs, proponents of AI say it can benefit food manufacturers and complement existing staff.
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Food commodity price increase smallest since early 2021 – FAO
Commodity prices fell in July on a month-on-month basis.
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Changes lined up for Nutri-Score labelling scheme
They include modifications around sugar, salt and protein content.
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