Category Archives: Trading

Heinz to put food titan Kraft on a diet.

By now most, if not all, people in the food industry know about the marriage of two titans to form the 5th largest food company in the planet. I found this article in the New York Post by Josh Kosman (link to article here) which gives a nice summary of what to expect next. “Ketchup…

General Mills looks to sell Green Giant frozen vegetable business

At this stage, it is difficult to know whether a deal will be done. Pinnacle Foods, the owner of the rival Birds Eye brand in the US, has been touted as a possible buyer. Would France-based Bonduelle, another supplier of canned and frozen vegetables, also be interested? We’ll be following the story and we’ll keep…

Big Japanese Conglomerates looking for expansion into SE Asia

We found a really interesting article in the WSJ highlighting two things: The Japanese shrinking population is forcing its big corporations to look into other markets via JVs with established brands, in this case SE Asian established brands, to continue to bring revenue and fatten the bottom line. The next one is that we might…

ConAgra Foods Acquires Chinese Potato Processor TaiMei Potato Industry Limited

Here’s a copy of ConAgra’s latest acquisition announcement, a very interesting $93 million move after just finishing a $200 million expansion of its Lamb Weston frozen potato plant in Boardman, Oregon. Seems like ConAgra is putting a lot of attention to the Asian market. OMAHA, Neb.– (BUSINESS WIRE) — Jul. 14, 2014 — As part…

The World Is China’s Grocery Store

We all know that many of the goods that we see on the shelves of any US store – computers, appliances, apparel, toys, costume jewelry, stationery, books – are made in China. Many food items are also imported from China, top among them being seafood (tilapia, cod, clams), garlic and apple juice. But did you…

Wal-Mart appoints new CEO

Wal-Mart announced that company veteran C. Douglas McMillon will replace CEO Mike Duke when he retires next year. McMillon has a stellar resume that reflects his veteran status at the nations largest employer. McMillon started his career in the company’s merchandising division and went on to lead the company’s logistic, distribution and administration divisions before…

The End of the Chinese Economic Miracle

George Freidman the founder and chairman of Stratfor, a private intelligence outfit based in Austin, Texas, laid out his thesis that China’s export strategy is running out of gas as wages there rise. Friedman makes the point that China’s income inequality and over-reliance on exports to the developed world would leave China without the domestic…

China’s Roaring Retail Market

China’s food and grocery market has grown at a tremendous pace in the past few years, and is currently valued at over US$1 trillion. Research firm IGD forecasts that the Chinese grocery market will continue its global domination over the next few years, steadily rising to a valuation of US$1.5 trillion in 2016. Further, research…

Japan is on the brink of Disaster

I just read a really interesting article from John Mauldin at Business Insider. Mauldin states the following: “The recent volatility in the Japanese Markets is breathtaking but characteristic of what one should come to expect from a country that is on the brink of fiscal and economic disaster.” Not an easy one to digest especially…

Water Chestnut Shortage?

Another water chestnut season in China is fast approaching (harvest is December through early March). It will be an interesting year, being that we are coming off of a very short year, strong pent up demand, and in the midst of a global slowdown. What will the season bring?? Frozen and Canned processors scramble for…