New Zealand – Fonterra brand manager steps down
Fonterra’s chief innovation and brand officer Komal Mistry-Mehta has announced that he will leave the business in October after 15 years.
Japan – food act amendment
Japan has amended the food system act to promote cost-based price formation in the food supply chain and aims to deter below-cost transactions.
UK – lamb export growth
The AHDB reports that lamb export volumes increased by 19% in the first quarter, driven by demand from EU countries where there are tight supplies.
Uruguay – beef export record
The average value of Uruguay’s beef exports in May was $8,515 (€7,340) per tonne, which is 25% higher than in May 2025 and a new record.