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"Large sums necessary" Agropur, in its Ultima Foods joint venture with Edmonton’s Agrifoods International, also incurred "substantial expenses" in launching Iogo, Ultima’s new yogurt and dairy goods ...

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In a move towards consolidation, the Irish food major is set to offload its consumer dairy and ingredients business and focus on taste and nutrition solutions.

Island Farms, whose roots in B.C. date back to 1944 as a separate dairy farmers’ co-op, is now one of a stable of Agropur-owned brands that includes Quebon, Oka, Sealtest, Natrel and Yoplait.

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The food index increased 0.2% month-over-month with grocery store prices ticking up 0.1% and food away from home prices gaining 0.2%.

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