Tuesday, 17 November 2015

Global Agriculture, Food & Nutrition updates - 18Nov'15 !

1. AgFunder targets $5m raise for maker of VetGun.

2. Blue Road seeks $500m in first agri buyout fund.

3. Whilst seafood sales are going swimmingly, the chilled processed meat category is under pressure globally, although volume declines could be tempered by value gains, says Euromonitor International.

4. The European Commission has approved the acquisition of The Coca-Cola Company (TCCC) and Cobega (Spain) for joint control of Coca-Cola European Partners (CCEP) in the UK.

5. The European Food Safety Authority (EFSA) has concluded that glyphosate, a herbicide used on food crops, is unlikely to cause cancer and recommends raising safety levels.

6. Nearly three quarters of the food and drink marketing seen by children in Scotland is for junk food, according to new research that the Scottish Government will use to push for stricter UK-wide advertising rules.

7. Novozymes has launched a tool to quickly detect the lactose content of milk, allowing producers in emerging markets without costly lab equipment to tap into the free-from trend.

8. Italy’s antitrust agency is investigating seven olive oil producers due to concerns about the quality of products supposed to be the ‘extra virgin’ variety.

9. 3M Food Safety has launched a molecular detection assay for Salmonella and has already gained AOAC PTM certification.

10. Guidelines beefing up potential penalties for food safety and hygiene offences in England and Wales will come into effect from next year.

11. The European Food Safety Authority (EFSA) and the Food Safety Commission of Japan (FSCJ) have renewed their memorandum of scientific cooperation on data collection and sharing related to risk monitoring and assessment.

12. Leatherhead Food Research (LFR) is relocating its headquarters from Leatherhead to a new heritage site near Epsom in a £9M move.

13. Many Finnish children are exceeding safe intake levels of heavy metals from food and drinking water, although exposure is falling, says a new study from the Finnish food safety authority, Evira.

14. Irish dairy and ingredients giant Ganbia is acquiring Californian protein bar specialist thinkThin for $217m (€200m), as it boosts its bar presence.

15. The US Food and Drug Administration (FDA) has issued three final rules related to Produce Safety, Foreign Supplier Verification Programs and Accredited Third Party Certification under the Food Safety Modernization Act (FSMA).

16. The £71bn takeover of SABMiller by AB InBev is likely to result in further consolidation among the remaining brewers, a leading expert on large-scale mergers has claimed.

17. The world packaging machinery market will grow by 4.9% over the next three years to reach €40.3bn in 2018, according to Ucima, the Italian Packaging Machinery Manufacturers Association.

18. Tyson Foods is recalling more than 50,000 pounds of chicken wings because of an “off odour” scent, according to the US Department of Agriculture’s Food Safety and Inspection Service (USDA-FSIS).

20. Irish dairy and ingredients giant Ganbia is acquiring Californian protein bar specialist thinkThin for $217m (€200m), as it boosts its bar presence.

21. Around the world, more than 3.8 billion adults (52%) had an unhealthy weight in 2014 – 39% were overweight and 13% were obese. A healthy weight is not about the quantity of the kilos in relation to height, but about the quality of these kilos in relation to the body composition.

22. Neogen Corporation has developed a test to detect E. coli O157:H7 which provides results within 12-24 hours.

23. U.S.D.A Deputy Agriculture Secretary and Ghanaian Minister of Food and Agriculture plans to announce two Food for Progress agreements to support agricultural development and trade within Ghana's poultry sector.

24. USDA announced $4.8 million in grants for 74 projects spanning 39 states to support efforts to connect child nutrition programs with local farmers and ranchers through its Farm to School Program.

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