Denmark: DI forecasts downturn for the food industry
Article Abstract:
The latest forecast by Dansk Industri (DI), the Confederation of Danish Industries, anticipates a downturn for the Danish food industry. DI expects Holland soon to regain its role as the major global supplier of pork following BSE-related problems and the export stop caused by the foot-and-mouth disease. Besides, Brazilian and Canadian pork producers are in the process of boosting production, which will put further pressure on Danish producers. The trade indicator for the food industry has dropped from 39% six months ago to -3%. Foodstuffs account for 20% of Danish exports but this figure is expected to drop. Food exports in 2001 are expected to amount to DKr60bn (US$7.2bn).
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
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Denmark: New funds to the development of food products
Article Abstract:
The new food minister in Denmark, Mariann Fischer Boel, aims to revive Fotek, the research and development program for food technology, that was dropped by the former food minister and replaced by a new innovation act. By doing this the minister aims to speed up the development of new products within the agriculture and food industries. The state is to inject funds into this research. The target for the new food minister is the retain Denmark's position as the leading country as regards food safety, quality and innovation.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
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