AGP Executive Report
Last update: 9 hours agoCold-Chain Risk: Cyberattacks have crippled supermarket refrigeration across at least nine countries, spoiling tonnes of food and exposing vulnerabilities that could disrupt Canadian grocers and push up costs. Beverage Growth: Coke Canada Bottling is investing in facilities and product innovation, targeting momentum in low- and no-calorie drinks, energy and sports nutrition. Food Manufacturing: Seneca Foods reported six-month sales of $897.8 million, up from $757.5 million a year earlier, citing stronger volumes and product mix. Trade: A UK-EU deal to remove checks on food and animal products could ease cross-border trade and export costs. Restaurant Pressures: Outback Steakhouse’s largest U.S. franchisee filed for Chapter 11, with 61 restaurants affected as debt, operating costs and declining traffic mount. Market Costs: Maple Leaf plans food price increases early next year, while M&S reported strong food sales amid rising costs. Spanish olive oil, wine and ham producers are also looking to build business with Chinese buyers at the CIIE.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.