AGP Executive Report
Last update: 4 hours agoBeverage Shake-Up: KFC is replacing Pepsi with Coca-Cola in the U.S., ending a partnership of nearly four decades. The switch comes as PepsiCo halts production at its Knoxville bottling plant, with 122 workers to be paid through January. Trade & Agriculture: Canadian food importer Gellert Global is challenging U.S. tariffs on Canadian goods, saying the duties have added costs and disrupted supplier relationships; the company says it paid more than $520,000 in duties in less than a month. Canada also used the G7 agriculture meeting in Paris to pursue stronger trade and investment ties with the EU and Germany. Industry Outlook: PepsiCo expects India’s festive snack sales to match last year, supported by new launches, while beverage retailers say consumers increasingly discover drinks through brand partnerships, culture and experiences. Food Manufacturing: Nestlé plans to close an Ohio factory by the end of 2027, adding to a week of attention on changing production footprints and supply chains.
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