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Processed tomato firm Predilecta takes over Brazilian plant

PREDILECTA Alimentos, the third largest industrial tomato processor in Brazil, has finalised its takeover of an idle Unilever plant in Patos de Minas, Minas Gerais state, for an undisclosed sum. The new unit will boost the company’s production capacity by 40% this year, said Predilecta’s director, Antônio Carlos Tadiotti. The transaction will be financed partly

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Market Report : WHAT CAN WE EXPECT FROM 2013 ???

2012 Crop final figures : –  CALIFORNIA and North America : the total 2012 crop has reached 11.5 Millions MT. of fresh tomatoes in California, up 4.5 % from 2011 and quite close to the initial contracted volume of 11.7 Millions MT. This “second largest crop ever” was achieved thanks to an astonishing yield of 109

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US (CA): Jail for tomato price fixer

Frederick Scott Salyer, who has been described as one of the most influential men in California’s agriculture industry, has just learnt that he will spending six years behind bars for his part in a tomato price fixing scam. Authorities say the scheme involved bribing purchasing managers at large food companies such as Kraft Foods and

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Buffett, Brazil’s 3G team up for $28 billion Heinz buyout

Warren Buffett and Brazilian financier Jorge Paulo Lemann are teaming up to buy ketchup maker H.J. Heinz Co for $23.2 billion, in what could be the first step of a wave of mergers for the food and beverage industry. Analysts and people close to the deal said Heinz could be a good starting point to

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Farm Beat: Turning to ketchup in Patterson

PATTERSON — Traina Foods Inc. of Patterson has taken on an American icon. The state’s largest producer of sun-dried tomatoes has started making them into ketchup — ketchup with more tang and texture than you get from the standard brands. Willie Traina, chief executive officer of the 87-year-old company, believes it is the first such

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Breaking News from California !

California processors intend to contract 13 Millions sT. for the 2013 crop, almost stable from 2012 (contract intentions were at 12.9 Millons a year ago). 22nd Jan. 2013 You should login or purchase a subscription to view this content Username or E-mail Password Remember Me     Forgot Password

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Brazil: increase in tomato production and imports

MARKET analysts expect to see a rise of industrial tomato production and imports of processed tomato in Brazil next year, following a temporary contraction of tomato production in 2012. Stocks of tomato pulp were high in the country as a consequence of the large harvest of 2011, and producers consequently reduced the area devoted to

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