AGP Executive Report
Last update: 2 hours agoRegulatory Push on Ultra-Processed Foods: HHS and former FDA chief David Kessler are targeting the decades-old GRAS loophole, as new federal data shows ultra-processed foods make up 55% of adult calories and nearly 62% for kids, with San Francisco filing a landmark lawsuit. Food Safety & Labeling: India’s FSSAI is in the spotlight again as regulators tighten scrutiny around warning labels and labelling rules, while multiple countries keep rolling out food-safety crackdowns. UK Supply Pressure: NIQ and Prestige Purchasing report UK foodservice prices rose 0.2% in July, but drought and heat are stressing vegetables and keeping wheat and bread costs at risk. Cocoa Compliance Shock: EU deforestation rules are tightening cocoa supply and raising traceability costs for West African exporters, where fragmented small farms complicate compliance. Agriculture & Jobs: Ethiopia’s Green Legacy Initiative is accelerating agricultural transformation via private investment, mechanization, and land restoration. New Food Tech R&D: Tufts University launches a $4.6M Innovation Hub for novel foods and future-friendly biomaterials. Market Watch: Milky Mist’s India IPO debut lifts dairy shares, while UK supermarket sales keep growing on convenience and promotions.
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