Four people are going on trial in Paris over an alleged scheme that fed consumers across Europe frozen foods containing cheap horse meat fraudulently labelled as pricier beef.
BBC has published a piece on the history of Corned Beef and its brand name, Fray Bentos, the city located on the banks of the Uruguay River, and which over a century ago produced what it describes as the most influential food brands of the 20th century
Brazil's Supreme Court said on Tuesday it had authorized a federal investigation into allegations that the incoming chief of staff for far-right President-elect Jair Bolsonaro had taken illegal campaign donations.
Argentina is on the verge of signing a deal with the United States that would allow two-way trade of fresh beef for the first time in nearly two decades, the country's international trade secretary, Marisa Bircher, said. The agreement, expected to be signed within days, would simultaneously open beef imports to both countries, Bircher told Reuters in an interview.
International food commodity prices dipped in October, as falling dairy, meat and vegetable oils prices more than offset a surge in sugar prices, the United Nations said. The FAO Food Price Index, a measure of the monthly change in international prices of a basket of food commodities, averaged 163.5 points in October, down 0.9 percent from September and 7.4 percent below its level a year earlier.
Global agricultural food commodity prices fell in September due to growing inventories of key staples. The FAO Food Price Index declined 1.4% from August and is now 7.4% below its level during September 2017.
Argentina's beef exports could double in 2018 for a total of US$ 1.8 billion thanks to increased Chinese demand and a sharp devaluation of the peso currency, according to analysts and industry experts.
The Falkland Islands Meat Company (FIMCo) has announced the appointment of their new Business Improvement Manager. Michael Ledwith is to start this month on a new full-time contract, tasked with implementing change at the Sand Bay plant, “bringing peak performance through operational efficiency and productivity in the business,” according to information from FIMCo.
Global agricultural production is expected to grow 1.5% a year on average over the coming decade, compared with annual growth of 2.1% between 2003 and 2012, according to a new report published by the OECD and FAO released this week.
The Paraguayan economy is poised to expand 11.3% next year propped by the strong recovery from agriculture according to Pricewaterhouse Coopers, an estimate far more optimist than the 9.5% of the government budget.