KANSAS CITY — Grain and oilseed futures prices tumbled in calendar 2023 mainly on ample supplies and limited export opportunities, while soft commodity (sugar, cocoa, coffee) futures rose amid tight supplies. Prices of other ingredients, including egg and dairy products,…
STONE RIDGE, NY. — HowGood, a sustainability intelligence platform with an ingredient and product database, on Jan. 17 introduced a carbon accounting system designed to streamline ESG (environmental, social and corporate governance) reporting and carbon reduction. The company’s Latis platform…
LONDON – Roel van Poppel, co-founder of the Olam Group’s sustainability measurement digital platform Tract, has been named chief sustainability officer at OFI, a business of the Olam Group. He will be responsible for OFI’s ability to positively impact its…
HOPE, ARK. — Hope Baking Co., a division of East Baking Co., will invest more than $37 million to expand its food manufacturing facility in Hope, Ark. The facility will make a wide variety of baked foods, including breadsticks, English…
VAUGHAN, ONT. — SeedWise, a brand that produces snacks with seeds, and Ozery Family Bakery, which makes better-for-you bread alternatives, said they are committed to becoming carbon neutral by 2030. The companies began offsetting natural gas in 2023 by purchasing…
KANSAS CITY — As the new year rolls on, beverage makers are homing in on what consumers are looking for in the year ahead: beverages that indulge and those that have functional benefits. Some of the key trends that may…
BREA, CALIF. — Specialty coffee brand Reborn Coffee, Inc. has secured a $1 million investment from Farooq Arjomand, chairman of the company. The investment enables the company to further its growth opportunities in Southeast Asia in addition to the company’s…
DURANGO, COLO. — Sustainability is the heart of Jane and Louise Barden’s business, Farm to Summit. Farm to Summit manufactures dehydrated, plant-based meals that may be prepared in minutes by pouring boiling water into omnidegradable bags. Omnidegradable bags are able…
ARLINGTON, VA. — SNAC International is holding its third SNAC Tank Pitch Competition. The competition features guest judge Daymond John, founder of FUBU and star of ABC’s reality series “Shark Tank.” Participants must submit a two minute video pitch describing their…
CHICAGO — Sales of specialty foods and beverages across all retail and foodservice channels neared $194 billion in 2022, up 9.3% from 2021. It’s estimated they reached $207 billion at the end of 2023, according to the Specialty Food Association…
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