Unilever will increase its prices at a more “rapid rate” in 2011 as it continues to look to offset rising commodity costs, concerns over which hit the company’s share price yesterday...

Australia’s sugarcane crop has suffered devastation as farmers venture out to survey their properties in the wake of category five Cyclone Yasi, whose destructive eye broke land at Mission Beach...

The Australian Banana Grower’s Council today warned consumers that the Australian banana industry, which escaped flood damage, had suffered devastation as a result of tropical cyclone Yasi. Banana...

Nestlé has closed its three production plants in Egypt – and its local headquarters in Cairo – due to the political unrest in the African country. The world’s largest food manufacturer...

US confectioner Hershey yesterday posted an 18% rise in underlying annual profits as the Reese’s maker finished 2010 with accelerating sales growth.The company said its adjusted net income reached...

Wesfarmers released its second-quarter figures for Coles yesterday, reporting comparable food and liquor store sales growth of 6.6% in Q2, and food and liquor sales of $7 billion – a 6.7% increase...

Food industry players and sustainability experts will come together in April this year at Melbourne’s Etihad Stadium for the National Sustainable Food Summit, a two-day independent forum focusing...

Marcel Smits, the chief executive of Sara Lee, defended the US food group’s plans to split the business in two, amid questions over whether the move will benefit shareholders. Smits, who also admitted...

Researchers from the universities of Navarra and Las Palmas de Gran Canaria have demonstrated that the ingestion of trans fatty acids (also known as trans-fats) and saturated fats increase the risk of...

Research undertaken by the federal Department of Immigration and Citizenship (DIAC) is a wake-up call on the issue of Australia’s future food security, according to Rachel Mackenzie, policy spokesperson...