Canadian food and beverage makers have begun to feel the pinch of trade tensions with the U.S. according to a new forcast by Farm Credit Canada, which downgraded sales growth predictions from the start of the year.
Food manufacturing
Food and beverage makers’ sales predicted to slide on trade tensions: FCC
General Mills keeps annual outlook as North America demand softens
General Mills maintained its annual sales and profit forecasts on Wednesday, as the Cheerios maker grapples with rising economic uncertainty and softer demand in key markets, including North America.
CFIA raw poultry policy to tighten food safety
Canadian poultry slaughterhouses will have to test carcasses for pathogens before chilling when the Canadian Food Inspection Agency’s new pre-chill policy comes into force Dec. 1, 2025.
Sask. agriculture sector receives federal funding
Funds through PrairiesCan will assist in the continued growth of the province’s ag research and manufacturing
PrairiesCan funding will assist in the continued growth of Saskatchewan's ag research and manufacturing sectors.
General Mills forecasts weak annual profit as economic uncertainty weighs
General Mills forecasted annual profit below expectations on Wednesday, as weak demand for its refrigerated baked goods and snacks in the U.S. in a tariff-driven, uncertain macroeconomic background weighed on the Pillsbury owner.
General Mills restructures as company deals with choppy demand
General Mills said on Tuesday it would record a charge of about $70 million in its current quarter, mainly reflecting severance expenses, as part of the Cheerios cereal maker's restructuring efforts.
Judge approves $500 million settlement in bread price fixing class action
An Ontario superior court judge has approved a $500 million settlement in a class action suit related to a bread price fixing scheme.
Drake Meats to build new facility
Saskatchewan meat company Drake Meats Processors Inc. will be building a new meat processing facility in Saskatoon that is expected to employ 200 local people once fully operational.
Packaged food giant PepsiCo cuts profit forecast as tariffs set to drive up costs
Nestle beats quarterly sales estimates, says indirect tariff impact ‘unclear’
Packaged food giant PepsiCo has cut its annual profit forecast as tariffs are set to drive up production costs and demand remains uncertain. Nestle says it has beaten its first quarter sales growth expectations and tariff effects are unclear.
U.S. grain trader ADM appoints Cuddy as President, North America
U.S. grain trader Archer Daniels Midland Co has appointed Christopher Cuddy as president for North America, according to a source and an internal memo seen by Reuters on Wednesday.
Canadian Cattlemen Presents: Depth of Field
