News 

Nestle confirms outlook as volume growth picks up

“Food group Nestle confirmed its full-year guidance after organic sales growth accelerated to 2.8 percent in the first quarter of 2018, helped by improving volumes” writes Jason Adlen for cnbc.com. Volume growth picked up to 2.6 percent, from 1.2 percent in the final quarter of 2017, but prices rose by only 0.2 percent, Nestle said in a statement.The maker of KitKat chocolate bars and Maggi soups confirmed on Thursday its target to grow organic sales by 2-4 percent this year and improve its trading operating margin. Growth in the Americas…

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Johnson & Johnson: Is Zytiga Patent Loss Priced In?

“Sans the acquisition, Pharmaceutical’s organic growth would have been 10%, and JNJ’s total organic growth would have been closer to 8%” writes Shock Exchange for seekingalpha.com. Generic Zytiga could arrive by Q4 2018 and could be a big blow to JNJ, given the profitability of Zytiga and its outsized revenue growth.If generic Zytiga arrives in Q4 2018, then it could stymie the company’s revenue growth for 2019.I think it’s important to point out that it may not be the high flyer suggested by the 12% reported revenue growth.It is unclear…

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Area organic dairy farmers struggle with low milk prices

“In addition to being affected by the surplus of organic milk, organic dairy farmers are also being hurt by the low price of conventional milk” writes Julia-grace Sanders for seattletimes.com. Money is “screaming tight” for organic dairy farmers in the Skagit Valley as they confront declining dairy prices and higher costs.Organic dairy farmers attribute the price drop to a surplus of organic milk being produced as more dairy farmers have entered the organic market and consumer preferences have changed. “It’s such a small market that it doesn’t take much to…

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Markets News 

This online grocery store you’ve probably seen ads for sells organic foods for up to 50% off year-round

“We price-checked some of the most common purchases with Amazon, another cheap online grocery resource” writes Mara Leighton for businessinsider.com. But, like I said, I’m already an avid proponent of online grocery shopping to avoid lines, congested aisles, and the weighed-down 15 block walk back to my apartment. Source: businessinsider.com Share This:

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Henkel battles to keep on trucking in North America

“Henkel expects a decline in organic sales for its laundry and beauty units in the first quarter, while overall organic sales growth should be “slightly positive”” reports businessinsider.com. Shortfalls in U.S. freight capacities made the situation worse, resulting in disruptions across Henkel’s supply chain, including production planning, order processing, production, storage and transport to customers, he added.It confirmed its 2018 outlook, with organic sales growth between 2 and 4 percent and adjusted earnings per share to rise between 5 and 8 percent.The logistics changes for the consumer goods businesses in…

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Ag Department kills animal welfare rule for organic meat

“The group guarantees generous standards for organic animals and not what Thicke considers weak requirements set by the government” writes The Associated Press for seattletimes.com. DES MOINES, Iowa (AP) — New rules, decades in the making, that would have required organic meat and egg producers to abide by stricter animal welfare standards were withdrawn by the federal government on Monday, frustrating organic farmers and animal welfare groups but leaving some traditional egg and livestock farm groups rejoicing.Thicke said a group of organic farmers in the U.S. have created their own…

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Crypto News 

Russian Foodie Boris Akimov “Tokenizes” Himself: Offers Expertise and Advice

“Akimov, founder of Russian online organic food exchange LavkaLavka, will launch his own cryptocurrency, Akimov coin, on the Waves Platform, a blockchain system developed in Moscow” writes Katherine L for newsbtc.com. Akimov coin owners are basically getting discount services for his agribusiness and e-commerce expertise.Russian celebrity, organic food fan, cryptocurrency enthusiast, and co-creator of BioCoin, Boris Akimov, has decided to “tokenize” himself.Akimov is one of the creators of Russia’s BioCoin, a so-called utility token that gives users discounts on organic foods and locally farmed products.They can do their own personal…

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Brokers News 

Exclusive: Alpari and FXTM’s Andrey Dashin Prefers Organic Growth to M&A

“Andrey Dashin, founder of Alpari and FXTM and one of the early pioneers of the industry, shared with Finance Magnates that he prefers organic growth” writes Evan Tzivanakis for financemagnates.com. What has supported the growth of FXTM is understanding the need for both localization and showing commitment towards developing long-term relationships with partners and traders.An FCA license will open up a number of new opportunities for the brand and ensure the continued growth and success of FXTM on the target markets. Source: financemagnates.com Share This:

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OEFFA’s sustainable agriculture conference draws growing crowd

“Plus, my mom is a chiropractor who has been preaching organic food to us guys for 20 years, and I guess we finally woke up.”” writes The Plain Dealer for cleveland.com. “We are in a food fight,” Moyer told the crowd as he invited them to join his newly formed Organic Farmers Association.Friday’s keynote speaker, Jeff Moyer, head of the Rodale Institute, an organic educational group since the 1970s, painted a bleak picture of the future of food without organic methods.Agricultural economist John Bobbe, head of Organic Farmers Agency for…

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