AGP Executive Report
Last update: 8 hours agoTrade & Costs: Irish pigmeat export value fell 24% in August, even as beef and dairy exports rose 8% and 8.5%. U.S. importer Gellert Global is suing over 50% tariffs on Canadian goods, citing pressure on food costs. New Zealand’s annual inflation hit 3.7%, driven largely by fuel. Restaurant Outlook: U.S. quick-service traffic fell 2.6% last quarter, with major chains facing sluggish sales and a tough earnings season. Wendy’s is turning to a new meal deal to bring customers back. Beverage Finance: Westrock Coffee secured $600 million in five-year credit facilities, increasing liquidity and reducing required loan payments over the next year. Agriculture & Aquaculture: Uganda plans to provide 10,000 tractors over five years to expand mechanised farming. The EU’s 2040 fisheries and aquaculture vision is drawing criticism over plans that could increase pressure from carnivorous fish farming. New Food Opportunity: In New Zealand, a Māori community is turning invasive undaria seaweed into an export product, creating eight local jobs.
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