Today's Headline

Tesco agrees to US$10.6B sale of Malaysian, Thai operations amid Asia exit

On completion, Tesco will no longer have interests outside of Europe as it exited China last month through the sale of its 20% interest in a joint venture for US$361m.
March 09 , 2020

New Zealand kiwifruit industry working on coronavirus mitigation plan amid larger crop

The New Zealand kiwifruit industry is working to mitigate disruption from the global coronavirus outbreak, amid expectations for an even larger crop than last year.
March 09 , 2020

Total Produce notches higher revenues and profit in 2019

It is the first year to include twelve months' contribution from Dole Food Company, of which Total Produce acquired a 45% for US$300m in July 2018.
March 05 , 2020

USDA sued over hydroponic organic certifications

The Center for Food Safety (CFS) and a coalition of organic farms and stakeholders are suing the USDA for allowing hydroponic operations to be certified organic. The lawsuit claims that hydroponic operations violate organic standards for failing to build heathy soils.
March 04 , 2020

U.S.: Frozen produce sales rise as consumers stockpile amid coronavirus spread

Nielsen said that as consumers assess their purchasing decisions, there’s "little doubt that buying will shift toward shelf-stable and frozen options".
March 03 , 2020

China's new round of tariff exclusions kicks in

A new round of tariff exclusions are now available for Chinese importers of U.S. agricultural products, but it is unclear what the impact on trade will be.
March 03 , 2020

U.S. fruit exports slide in 2019

Fresh deciduous fruit exports from the country were down 5% at US$2.53bn while fresh citrus exports were 10% lower at US$852m, USDA data shows.
March 02 , 2020

China's port congestion eases amid fluctuations in global produce pricing

While Chinese ports are clearing their coronavirus-related backlogs, it has been revealed that produce pricing has been heavily affected by the outbreak.
February 28 , 2020

Australia: TR4 confirmed on fourth Tully banana farm

Australia's Biosecurity Queensland (BQ) has confirmed the presence of Fusarium Wilt tropical race IV on a fourth Tully Valley banana farm in Queensland.
February 27 , 2020

Greenyard's Q3 fresh produce sales reverse downward trend

The strong results follow a couple of difficult years for the company, which led it to develop a 'transformational plan' to turn the business around.
February 26 , 2020