Month October 2023

Bunge lifts full-year forecast | Food Business News

ST. LOUIS —Solid progress on growth initiatives and its pending strategic combination with Viterra prompted Bunge Ltd. to raise its full-year adjusted earnings-per-share outlook for fiscal 2023 to at least $12.50, up from an earlier forecast of $11.75 per share…

Plains rains boost nascent wheat crop, pressure futures

Home » Tech stocks, hot GDP data keep equities sinking Source: Sosland Publishing Co. Recap for October 26 US equity markets declined Thursday amid retreating US Treasury yields and US gross domestic product data indicating the US economy grew at…

Three issues arise in animal-free dairy

LAS VEGAS — Precision fermentation plays a vital role in the animal-free dairy category. Speakers at SupplySide West in Las Vegas talked about the technology’s sustainability benefits, potential food safety issues and cost-reduction options. Replacing one truckload of conventional whey…

Food aid, commodity marketing infusion praised

DES MOINES, IOWA — The US Department of Agriculture will pump Commodity Credit Corp. funds into support for American producers as they strive to develop and maintain markets for their US wheat, corn, soybeans and other commodities during a period…

Kraft Heinz, Taco Bell expand partnership

CHICAGO  — Kraft Heinz is doubling down in the Mexican cuisine category and has expanded its partnership with Taco Bell by becoming a primary manufacturer of Taco Bell’s branded retail products. Products may include sauces, taco dinner kits among others.…

Columbus Vegetable Oils hires new director of R&D

des plaines, ill. — Columbus Vegetable Oils has hired Jenn Farrell as its new director of research and development and quality. In her new role, Ms. Farrell will lead all research and development efforts and quality assurance. She also will drive…

Erin Tolefree to lead Baldwin Richardson Foods

ROCHESTER, NY. — Erin M. Tolefree has been named president and chief executive officer of Baldwin Richardson Foods. She will succeed Eric G. Johnson. Ms. Tolefree has been president of the company since December 2020, and has held a number of…

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