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.
Tag Archives food processing
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.
Agriculture, food should tie labour needs to federal priorities, panel says
Government spending commitments to defense, housing could draw away workers from strapped labour pool
Canada's agri-food sector needs to make clear to the federal government that solving its labour issues ties into economic and nation-building plans, industry insiders say.
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.
Public trust in Canadian food system at a low
Research organization says more needs to be done by the agriculture industry to engage consumers and gain influence
The Canadian food system's reputation has taken a significant hit in the last couple years, said Ashely Bruner of the Canadian Centre for Food Integrity (CCFI) during a recent webinar.
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.
Buyer steps up for shuttered Winnipeg plant protein processor
Receiver for Merit Functional Foods plant has requested court approval for the sale
The receiver for the Merit Functional Foods plant protein processing site in Winnipeg has applied for court approval to sell to a Manitoba numbered company.
Grain, oilseed millers’ sales, volumes projected to decline in 2025
Ongoing trade tensions, U.S. policy reviews make oilseed demand difficult to gauge says FCC
Grain and oilseed millers are predicted to see sales, volumes and margins decline in 2025 according to Farm Credit Canada's food and beverage report.
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.
Strong year predicted for Canadian dairy products, meat processors expect squeeze
It's projected to be a strong year for dairy product makers, while meat product manufacturers' margins may be squeezed as rising prices fail to offset higher input costs, Farm Credit Canada (FCC) said in its new Food and Beverage Report.
Canadian Cattlemen Presents: Depth of Field
