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SunOpta announces third quarter 2009 results
SunOpta Inc., a leading global company focused on natural, organic and specialty foods and natural health products, today announced financial results for the third quarter ended September 30, 2009. All amounts are expressed in U.S. dollars and results are reported in accordance with U.S. GAAP, except where..... 0 comments

New technology opens markets for fruit growers
Maerskline shipping takes the banana
Maerskline Shipping have taken new steps to improve the lot of the world’s banana growers. The company now offers a new Controlled Atmosphere (CA) container service that promises to allow the notoriously fickle fruit to remain fresh for longer.The rapid ripening of bananas has meant that for exporters market..... 0 comments

International organic market enjoys good health
Organic and green consumption are among the international trends, as clearly proved by the annual growth rates of 15% and more in Germany in the past years, a note just released by Biofach highlights. The German market expects single-digit growth for 2009 and is looking optimistically to the future."Although..... 0 comments

Limoneira Company announces sale of Calavo Growers, Inc. shares
Limoneira Company, one of California's largest agribusinesses, announced the sale of 335,000 shares of its ownership in Calavo Growers, Inc. (NASDAQ: CVGW), a global leader in the packing and marketing of fresh and processed avocados and other perishable food products. The sales took place on October 8th and..... 0 comments

Euro advances against yen, dollar on signs of economic recovery
The euro rose against the yen and the dollar as signs the global economy is recovering trimmed demand for the relative safety of the U.S. and Japanese currencies.The Australian dollar climbed against all 16 most-traded currencies as Treasurer Wayne Swan said economic growth will be faster than expected and a..... 0 comments

Damco recognised as Outstanding Partner in Supply Chain Excellence
Damco, a leading logistics and freight forwarding company, was conferred the Outstanding Partner in Supply Chain Excellence Award during the SCM Logistics Excellence Awards ceremony here on 6 October.The award recognises Damco for its ability and significant contribution in offering end-to-end supply chain..... 0 comments

Global economy weekahead - How much is a stronger recovery worth?
The U.S. recession is probably over, but the debate over whether the government ought to do even more to bolster the recovery isn't.After Friday's surprisingly weak reading on British gross domestic product -- which showed the economy still mired in recession even though most other advanced economies appear..... 0 comments

Is Euro set to displace Dollar as global currency?
Since the beginning of currency, there has always been a “top dog” of the bunch. At any one time, there is always one dominant reserve currency for the world. There are lots of debates on which currency will be the next big thing and if there will one day be a one currency world. Today, the American dollar..... 0 comments

Currency market focuses on global recovery
The euro is holding above the key $1.5000 level Wednesday afternoon, and stocks and crude oil are also up, amid increased signals that the economic recovery is taking hold, even in those countries worst hit by the credit crisis.The latest sign to capture markets' attention came from the Bank of England's..... 0 comments

Asia/Pacific United on Good Agricultural Practices
News from the GLOBALGAP TOUR2009 Event in Kuala Lumpur, Malaysia
Industry leaders from Malaysia, China,Vietnam, Korea, Indonesia, Thailand, India, Australia and New Zealand joined in the Asian leg of the GLOBALGAP TOUR 2009. The TOUR2009 will have visited 5 continents by the end of November as part of its outreach and consultation to key stakeholders in the run up to its..... 0 comments

Frutarom launches new global branding
Frutarom Industries Ltd., announces the launch of its new branding for its activities in 46 locations world wide. Frutarom, one of the world's leaders for flavors and specialty ingredients for the food, beverage, functional foods, nutraceutical, pharmaceutical and personal care industries, expresses through..... 0 comments

Maersk sees huge gap between ship supply and demand
Mr Morten Nicolaisen CFO of Maersk said that the container shipping industry problems were so severe that even modest economic growth of 3% a year could not close the huge gap between ship supply and demand.He told delegates at the East Coast Maritime conference in New Jersey that "The collective behavior of..... 0 comments

World economy on road to recovery
The International Monetary Fund and the World Bank have concluded their annual meetings in Istanbul, calling for continuous policy support as the world economy is still in a precarious condition. The meetings also emphasized the growing role of developing countries."Recovery" was the main theme of the..... 0 comments

Timorex Gold alternative in controlling Black Sigatoka
The commercial banana production requires an excessive amount of agrochemicals to control the plant pathogenic fungus Mycosphaerella fijiensis which is the cause of the Black Sigatoka disease.Black Sigatoka is considered the most damaging and costly disease of banana and plantain. The control of this disease..... 0 comments

Calavo Growers, Inc. declares 50 cent per share annual cash dividend
Calavo Growers, Inc., a global leader in avocado marketing and an expanding provider of other fresh perishable produce items, today announced that its board of directors declared a $0.50 per share annual cash dividend on its common stock. The annual payout represents a 43 percent increase from $0.35 per..... 0 comments

G20 leaders meet to reform world economy
The leaders of the world's biggest economies head to Pittsburgh Thursday promising tough action to police financial markets and prevent a repeat of last year's crash."In Pittsburgh, we will work with the world's largest economies to chart a course for growth that is balanced and sustained," US President..... 0 comments

Low sugar fruits for diabetics
A product of nature itself, chock-full of important vitamins and nutrients, fruit plays an integral role in the composition of a healthy diet. However, while fruits are rich in nutrients, many types of fruit are also dense with carbohydrates and high in sugar.Health conscious people are often surprised that..... 0 comments

Calavo Growers to present at Canaccord Adams
Calavo Growers, Inc, a global leader in avocado marketing and an expanding provider of other fresh perishable produce items, today announced that will be among 24 presenting companies at the Canaccord Adams Healthy Living Investment Conference on Wednesday, Sept 23, 2009, in Boston Michael Lippold, Director..... 0 comments

SHAFFE president Marta Bentancur addressed Fruit and Log Trade Fair
SHAFFE President Marta Bentancur addressed the FRUIT & LOG trade fair in São Paulo, Brazil, taking place from 8th to 10th September 2009. On this occasion, Ms. Bentancur highlighted the challenges and opportunities which lie ahead for the Southern Hemisphere exporting countries regarding the global..... 0 comments

Carrefour introduce new logo
Carrefour have had the same icon and typography since 1966, and with over 15,000 outlets in 35 countries generating sales in excess of 100 billion euros, is one of the world's leading retailers.September has seen the introduction of a modified icon, with "Positive is Back" Campaign.The change will take..... 0 comments

UN wants new global currency to replace dollar
A number of countries, including China and Russia, have suggested replacing the dollar as the world's reserve currencyIn a radical report, the UN Conference on Trade and Development (UNCTAD) has said the system of currencies and capital rules which binds the world economy is not working properly, and was..... 0 comments

Bananas, Economic Partnership Agreements and the WTO
The conclusion of the Doha Round or an agreement to end the banana dispute at the WTO would significantly reduce the preferential margins that African, Caribbean and Pacific banana exporters enjoy under their Economic Partnership Agreements with the European Union.On 1 January 2008, the EU implemented the..... 0 comments

The Globalization of agribusiness and developing World Food Systems
The issue of the global concentration of agribusiness is crucial to the future of the food systems of developing (and poor, non-developing) countries. These countries have been a target of corporate investments from the outset of the industrial food system. This process has been uneven — at different times..... 0 comments

Global economy gains steam
Manufacturing gains in the U.S., Europe and Asia added to evidence the global economy is improving at a faster pace than was widely anticipated a few months ago.For the first time since January 2008, an index based on a survey of U.S. manufacturing purchasing managers crossed a threshold indicating factory..... 0 comments

fastest downloads in South Korea
Worlds fastest internet connection
Holland has come in fourth place in the worlds fastest internet connection list. This is according to the Communications Workers of America, the biggest trade union in the US for ICT. In South Korea internetters can surf at the highest speed on the Web; they have on average 20,4 Megabit per second..... 0 comments

World economy on rebound, but future uncertain
Turnabouts in European and Asian economies, along with recent gains in the U.S., are raising hopes that the worldwide recession is drawing to a close. That's not to say the coast is clear.The brightening outlook in Europe and Asia and the improvement in U.S. credit markets and indicators reflect heavy..... 0 comments

Dalice adopted the slogan “NOT SAFE=NO TRADE”
Dalice Qingdao Trading Company Ltd is a fruit and vegetable import/export company based in Qingdao, China. The company was established in 2003 and is owned by Jover B.V. Jover B.V is a wholly owned subsidiary of The Greenery in Holland. Currently The Greenery realises a yearly turnover exceeding 2 billion..... 0 comments

Blackberries shares rise after earnings exceed analyst forecasts
Brambles Ltd., the world’s biggest supplier of pallets, rose to the highest in eight months in Sydney trading after full-year earnings beat forecasts.Brambles gained as much as 4.4 percent to A$7.20 after the Sydney-based company said annual net income fell 30 percent to $452.6 million. The result compared..... 0 comments

Fyffes plc - Financial Analysis Review - a new market research
Fyffes plc (Fyffes) is one of the leading international tropical produce importers and distributors. It is engaged in the manufacture, procurement, shipping, ripening, distribution and marketing of melons, bananas and pineapples. In the regions like Europe and the US the company markets its fruits..... 0 comments

CH Robinson sets 24-cent quarterly dividend
Transportation services provider C.H. Robinson Worldwide Inc. said Thursday its board of directors declared a regular quarterly dividend of 24 cents.The company said the dividend is payable Oct. 1 to shareholders of record on Sept. 4Source: google.com 0 comments

New International Guideline for traceability in fresh produce
GS1 and the International Federation for Produce Standards (IFPS) are pleased to announce the release of the Traceability for Fresh Fruits and Vegetables Implementation Guide based on the GS1 Global Traceability Standard. The Guide serves as a common-sense blueprint that enables all stakeholders in the fresh..... 0 comments

Hutchison Port profit plunges as recession saps trade
Hutchison Whampoa Ltd.’s port unit, the world’s largest container-terminal operator, posted its biggest profit decline in at least eight years and said global trade will “recover slowly” from the recession.Hutchison Port Holdings Ltd.’s first-half earnings before interest and taxes dropped 35 percent to..... 0 comments

Six of world's top 10 economies out of recession
Some light showed up at the end of the recession tunnel on Wednesday as France and Germany announced unexpected returns to the growth path, whichmeans that four of the world’s five largest economies and six of the top 10 are now not in recession.Adding to the sense of optimism, the US Federal Reserve left..... 0 comments

Delta Cargo appoints director of cargo sales
Cargo has promoted Danita Waterfall-Brizzi to the newly created role of Director – Cargo Sales and Service for the Europe, Middle East, India and Africa (EMEIA) region.Waterfall-Brizzi will now be responsible for all Delta Cargo sales and customer service activities in the region and will lead the..... 0 comments

Virus Y focus of international conference
World's potato experts meet in Fredericton
Fredericton is in the eye of the potato world this week with more than 200 delegates from Canada, the United States and 10 other countries attending the 93rd annual meeting of the Potato Association of America.The potato virus Y, which can affect crop yields and quality, will be a major topic of the..... 0 comments

Shipper NOL posts Q2 loss, sees significant FY loss
Neptune Orient Lines , one of the world's top container shipping firms, said on Thursday it saw its business stabilising but still warned it might post a significant full-year loss, the first since 2002.The company, 67.4 percent owned by Singapore state investor Temasek Holdings, said it saw a slight pick-up..... 0 comments

FreshPlaza's office wil be closed Thursday and Friday
Because of the summer season, FreshPlaza will not publish this week on Thursday and Friday. On Monday 10 August our team will be back available for all the fresh produce news.

Fresh Del Monte Produce announces share repurchase program
Fresh Del Monte Produce Inc. today announced that the Company’s Board of Directors, at its July 31, 2009 meeting, approved a three-year stock repurchase program of up to $150 million of the Company’s ordinary shares. The timing and number of shares to be repurchased in the open market will depend on a number..... 0 comments

Discount supermarkets hit the buffers on growth
The first half of the year saw a shrinkage of turnover for Aldi of 4.1 percent according to figures the magazine took from the market research company GfK, which analyses the receipts of 30,000 consumers each month.This drop is more than would be expected due to reduced prices, the researchers say.Competitor..... 0 comments

Lidl drops its plans
SUPERMARKET chain Lidl has withdrawn its proposals to build a new store in Yeovil.Lidl UK had submitted a planning application to South Somerset District Council for the demolition of the existing industrial unit of precision engineering firm Ashleys of Yeovil in West Hendford, Yeovil, and replace it with a..... 0 comments

Worldwide: Syngenta cuts outlook, H1 profit disappoints
Syngenta , the world's largest agrochemicals company, cut its 2009 outlook after a 9 percent drop in first-half profit as a weaker, weather-affected planting season hit demand and the stronger dollar weighed.Swiss Syngenta, which makes herbicides and insecticides as well as genetically modified seeds, said..... 0 comments

BASF’s eco-efficiency analysis wins international recognition
BASF’s eco-efficiency analysis has been awarded the internationally recognized seal of approval of the National Sanitation Foundation (NSF). The U.S.-based NSF is an international non-profit organization that is active in the field of public health protection and consumer safety. The eco-efficiency analysis,..... 0 comments

Global deflation pandemic begins to brew
In congressional testimony this week, Federal Reserve Chairman Ben Bernanke gave no indication that he planned to turn off the central bank's liquidity spigots anytime soon.Critics howled that the Fed is risking runaway inflation. More immediately, however, the threat of deflation seems a bigger concern --..... 0 comments