Food Industry News

In a surprising turn of events, the European Union (EU) has significantly ramped up its purchases of Russian grain, according to an analysis of Eurostat data by the Russian news agency Sputnik.

The global tuna trade landscape has been undergoing significant shifts in recent months, with key developments impacting the supply and demand dynamics across major producing and consuming regions.

Brazil's animal protein exports have recently made inroads into the markets of Bhutan and Lesotho, two unique and economically developing nations.

On May 22, 2024, it was reported that Myanmar is poised to export a substantial amount of corn kernels and rice through maritime channels.

On May 22, 2024, the European Commission issued Regulation (EU) 2024/1355, revising the maximum residue levels (MRLs) for six pesticides - benzovindiflupyr, chlorantraniliprole, emamectin, quinclorac, spiromesifen, and triflumuron.

In a recent development, the European Union has published Regulation (EU) 2024/1342, which revises the maximum residue limits (MRLs) for four pesticides in certain food products.

In a significant move, the Canadian government has proposed the removal of brominated vegetable oil (BVO) from the list of permitted food additives.

In a recent update, the U.S. Food and Drug Administration (FDA) has issued an import alert, imposing automatic detention on strawberries exported by a Mexican company.

In a concerning development, the European Union's Rapid Alert System for Food and Feed (RASFF) recently reported that Greece had notified the system about a shipment of Vietnamese noodles that failed to meet safety standards.

In a significant development in the U.S. food industry, the renowned seafood restaurant chain Red Lobster has filed for Chapter 11 bankruptcy protection in a Florida court on May 19th, 2024.

Global Shrimp Price Dynamics: Stable Prices in Ecuador and India, Increases in China and Indonesia

In a historic move, Argentina's Bioceres company has announced the commercial sale of its genetically modified HB4 wheat seed, marking the first time genetically modified wheat has been made available for sale globally.

The 2024 SIAL Canada, the largest food and beverage industry exhibition in North America, recently concluded in Montreal, Canada, attracting over 20,000 visitors from more than 40 countries.

In a report published by the Philippine Business World on May 12th, 2024, Philippine economist Filomeno Ana has raised concerns about the proposed revisions to the Rice Tariffication Law.

The Philippines Sugar Cane Industry Association, led by its chairman Manuel Lamata, has revealed that the country needs to import 200,000 tons of sugar to prevent a supply shortage.

In a recent announcement, the Japanese Ministry of Health, Labor and Welfare has decided to remove the monitoring of residues of the pesticide pyridalyl in green soybeans imported from China.

On May 17, 2024, Food Standards Australia New Zealand (FSANZ) issued a recall notice for a batch of live mussels produced by Flinders Mussels.

In a recent update, Japan's Ministry of Health, Labor and Welfare has reported a case of non-compliant food product exported from China to Japan.

In a recent announcement, the Korean Ministry of Food and Drug Safety (MFDS) has released a draft amendment to the "Regulations on Declaration and Inspection of Imported Foods, etc."

In a remarkable turn of events for the seafood industry, Argentina has seen a staggering 62.5% increase in its squid catch compared to the previous year.