AGP Executive Report
Last update: 8 hours agoGlobal Food Deals: Abu Dhabi’s Global Food Week closed with 97 agreements worth $1.88 billion, up 5% from last year, and more than 47,000 attendees. Brewery Shake-Up: Carlsberg Britvic plans to close Burton’s Marston’s Brewery and its logistics operation in 2027, putting 310 jobs at risk as UK cask ale sales decline. Coca-Cola is also reportedly exploring a sale of Costa Coffee, eight years after its takeover. Consumer Pressure: PepsiCo is raising prices on Doritos, Ruffles, SunChips and some sodas as it cuts its 2026 outlook amid weak North American sales. Starbucks, meanwhile, faces a class action alleging its “sugar-free” protein drinks contain up to 21 grams of sugar per serving. Supply and Policy: Food industry groups warn a strong El Niño could disrupt supplies and push up Christmas prices. Japan has submitted a bill to cut food consumption tax to 1% for two years. Growth Bets: Land O’Lakes is expanding protein capacity, while Kenya has launched cocoa as a cash crop, with government support for seedlings.
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.
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