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US grain prices fall as trade war sparks fears and anger among US farmers
Source
Underpricing of maize futures
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Japan : Walmart will also sell its remaining 15% stake in Seiyu to Trial
.Since 2021, KKR and Walmart have been working closely together to support Seiyu's growth through technology adoption. According to Walmart, Seiyu has benefited from a number of value creation efforts such as:
Improving product quality and selection, particularly for Seiyu's fresh produce, deli products and in-house brands.
Developing standard operating processes and adopting technology solutions, such as self-checkout and automated replenishment systems, to support workers, resulting in increased productivity in terms of man-hours.
Transform Seiyu from a traditional general merchandise shop to a 'supermarket' by optimising product assortment and distribution strategies.
Accelerate Seiyu's digital transformation to enable a superior customer experience, including by strengthening and modernising its IT infrastructure.
Source
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Seven & i, the Japanese retail group, is planning to list its 7-Eleven shop business in North America and launch a huge share buyback
while fighting a $47 billion takeover attempt by Canada's Alimentation Couche-Tard. FT
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Nielsen: People aged 55 and over drive consumption
Source. I would add: people over 55, possibly rich. Walmart has understood this for some time and has been able to attract that segment of customers, successfully: 'what's amazing is that Walmart continued to expand its market share in the third quarter, with sales from households earning more than $100,000 a year accounting for three quarters of the gains - in terms of share gains - in the US,' CEO Doug McMillon told analysts.
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US: with duties, food will cost more
"on the one hand Mexico is the main supplier of vegetables to the southern US, on the other hand Canada supplies tomatoes and pulses. Although many of these crops can be replaced or substituted by local produce, the 'disrupting' effect of established supply chains could lead to price spikes or shortages, as happened with avocados in January which became very expensive on US shelves. James Knightley, chief economist at ING, has estimated that the effect for a US family of four will be about $3,342 in one year considering all possible increases'
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Tariffs start: also for agri-food? For the moment only from China
The Sole 24 ore of 4 March 2025. Coldiretti recalls below the damage of the last Trump presidency on fruit, meat, wine, etc.
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US manufacturers reported a sharp drop in new orders and employment in February
fuelling fears that the economy is losing momentum as growth expectations also fell sharply The Federal Reserve Bank of Atlanta's ongoing estimate of US GDP growth, also released on Monday, pointed to a 2.8% decline in the first quarter, a much steeper drop than the 1.5% decline it had suggested on Friday. Below is the latest inflation figure. Read this article
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Nutriscore, Europe goes backwards?
Lollobrigida: 'It would be a victory for Italy'... The Nutrinform Battery presented in Berne.
But it would be interesting to know if anyone has adopted Nutrinform in Italy! Probably only Ferrero.
