Food Processing News
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JBS SA, the world’s biggest beef producer, is counting on steak-hungry consumers in Japan and other Asian nations to help propel total exports past $10 billion for the first time this year.
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Under shellfire on Christmas Eve 1991, 13-year-old Maja Biloglav fled Zadar by boat at night, sent away by her parents as the Yugoslav army surrounded the Adriatic town following Croatia’s declaration of independence.
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Marfrig Alimentos SA, Brazil’s second-largest food-maker, said it plans to sell and close plants and cut debt by as much as 2 billion reais ($996 million) after it posted a loss for a second straight quarter.
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The average meal at a chain restaurant contains more than half the calories, 1.5 times as much sodium and almost all the fat that people are recommended to consume in an entire day, researchers in Canada found.
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Saudi Arabia’s benchmark stock index rose to the highest level in almost two weeks, led by Savola Group and Saudi Arabian Cement Co. as earnings beat estimates.
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Vaclav Smil has a lot to say and is never shy about saying it. He’s written more than 30 books about energy, ecology, food and agriculture, China, the U.S. and more. He's in the process of publishing three more within 12 months: Harvesting the Biosphere (MIT Press; December 2012), Should We Eat Meat? (Wiley; June) and Made in the USA: The Rise and Retreat of American Manufacturing (MIT Press; October).
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Centum Investment Co., Kenya’s largest publicly traded investment group, rose for the first time in three days on speculation the company will benefit from real-estate investments.
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Canada is helping fund a project at Weston Foods Inc. to test a water recycling system that treats wastewater from a food processing facility on site.
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Agriculture in Angola, once the world’s fourth-biggest coffee producer, is being held back by limited competition and processing facilities and a lack of cooperation among small-scale farmers, the head of the National Cereals Institute said.
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Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of the close.
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