Month November 2023

Unlocking commodity procurement mastery | Food Business News

Three building blocks that ensure simplicity and confidence in your company’s commodity purchases Commodity procurement professionals face constant challenges with respect to market conditions, price and the timing of their purchases. At the same time, decisions are always evaluated with…

Jury ruling on egg prices favors food companies

CHICAGO — General Mills, Inc., the former Kellogg Co., Kraft Heinz Co. and Nestle USA, Inc. all will receive damages after a jury in a US district court on Nov. 20 ruled in their favor in a lawsuit over the…

CBD market remains in limbo

CHICAGO — Many food manufacturers want it. Retailers want it, and, so do many farmers. “It” is federal regulation of cannabidiol (CBD), which may be derived from the hemp plant (Cannabis sativa), a growing business for US farmers who previously…

DGAC told grains the top dietary iron source

WASHINGTON — Flour-based foods such as bread, cereals and pasta are the source of roughly half of US iron consumption, and proposed changes the 2025-2030 Dietary Guidelines for Americans (DGA) should not imperil adequate intake of this important nutrient, according…

A return to ‘normal’ conditions may be on tap in 2024

KANSAS CITY — Following nearly four years of significant economic disruption led by the COVID-19 pandemic and followed by supply chain challenges, labor shortages and a period of severe inflation, there are signs the North American food and beverage market…

Technomic sees stability returning to foodservice in 2024

CHICAGO — Technomic, a market research company, predicts the foodservice market will return to regular levels of growth in 2024. The market outlook comes from Technomic’s “What’s in Store for 2024” report, which spotlights the company’s biggest foodservice trends of…

Research reveals the power of transparency

CHICAGO — Grocery shoppers have prioritized product transparency at an increased rate over the past five years, according to research presented at The Center for Food Integrity (CFI) Transparency Summit 2023, held in Rosemont, Ill., on Nov. 14-15. These current…

en_USEnglish