Food Industry News: Jun 3 - Australia (5 stories)

Wednesday, 3 Jun 2026 Daily Food & Beverage Australia

Here is your Daily summary for Food & Beverage across Australia for Wed 3rd June 2026

Barry Callebaut anticipates stable cocoa prices, although rising fuel costs remain a significant concern for the chocolate industry. This forecast is crucial as it could influence pricing strategies and supply chain dynamics in the sector. Meanwhile, Yum! Brands COO Tracy Skeans is set to retire after 25 years, marking a significant leadership transition that could impact the company's strategic direction. In other news, Greencore reported a 15% profit increase in the first half of the year, reinforcing confidence in its full-year outlook. Additionally, Yum! Brands is in exclusive talks to sell Pizza Hut to LongRange, a move that could reshape its portfolio. Lastly, Ferguson Plarre’s Bakehouse is celebrating its 125th anniversary, highlighting the enduring legacy of local businesses in the Australian food landscape.

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