Month January 2024

Thriving US dollar continues to weigh on wheat

Home » Thriving US dollar continues to weigh on wheat Source: Sosland Publishing Co. Recap for January 3 The US dollar’s rise to a two-month high made export prospects for US commodities more expensive, and wheat futures were mostly lower…

Starbucks upgrading food menu with three new items

SEATTLE — Starbucks Corp. is adding three food products to its menu as part of its winter menu launch. The items include a chicken, maple butter and egg sandwich; potato, cheddar and chive Bakes; and a vanilla bean custard Danish.…

Brazilian rains, rising dollar weigh on futures

Home » Brazilian rains, rising dollar weigh on futures Source: Sosland Publishing Co. Recap for January 2 A strengthening dollar helped pull most agricultural commodity futures lower Tuesday on the inaugural trading day of 2024. Traders monitoring Black Sea supply…

Mediterranean diet reigns supreme in rankings

WASHINGTON — The top spot in the annual diet rankings from U.S. News & World Report was not a surprise, but the rankings this year were different in that they included information on weight-loss drugs and social influencers. The Mediterranean…

Innovative Food Holdings names new CFO

BONITA SPRINGS, FLA.  — Innovative Food Holdings, Inc. has named Gary Schubert as its new chief financial officer. Schubert succeeds Richard Tang, who has been CFO for three years.  Before joining the company, Schubert was most recently senior director of…

Food tech investment outlook positive despite 2023 declines

KANSAS CITY — Investments in early-stage food technology companies continued to shrink through the third fiscal quarter of 2023, according to data from Pitchbook. Food tech funding reached $2 billion in the quarter through 205 venture capital deals, an approximately…

Golden milk forecast to shine in 2024

CHICAGO — Several flavor companies and market researchers have tagged Indian cuisine and the flavors associated with it as key trends in 2024. Recent news around golden milk indicates the trend may be gaining momentum.   Baltimore magazine kicked off…

Food safety startup raises $8 million in pre-seed funding

PARIS, FRANCE —  Food technology startup Spore.Bio is aiming to improve the way food and beverage manufacturers ensure the safety of their products. The company’s technology uses artificial intelligence and is still in the early stages of development, but founder…

The Every Co. eliminates the chicken from egg production

DALY CITY, CALIF.  — The Every Co. plans to introduce  Every Egg to the foodservice category in 2024. The product is a liquid egg developed using precision fermentation to transform yeast into egg proteins. “We’ve given the recipe to make egg…

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