Month February 2024

Laguarta shares PepsiCo progress at ’24 CAGNY

BOCA RATON, FLA. — It has been four years since PepsiCo, Inc. last presented before the Consumer Analyst Group of New York. In the intervening period, the company has not been standing still, its top executive said. Speaking Feb. 21…

Corn prices hit three-year lows

Home » Corn prices hit three-year lows Source: Sosland Publishing Co. Recap for February 21 Corn futures dropped to three-year lows Wednesday on plentiful domestic supply and signals South American export competitors will harvest strong crops this year. Wheat complex…

Roquette expands Nutralys pea protein portfolio

LA MADELEINE, FRANCE — Roquette has expanded its Nutralys plant protein portfolio by adding four multi-functional pea proteins for plant-based foods and high-protein nutritional products. The pea protein ingredients include Nutralys Pea F853M (isolate), Nutralys H85 (hydrolysate), Nutralys T Pea 700FL (textured)…

Harwood Private Equity acquires Crest Foods

CHICAGO — Harwood Private Equity has acquired Crest Foods from Brown Gibbons Lang & Co. Terms of the acquisition were not disclosed. The acquisition will enable Harwood to lead Crest Foods into its next phase of growth, the company said.…

Conagra innovation focused on frozen

BOCA RATON, FLA. — Consumers are going to start seeing brands like Angie’s Boomchickapop, Bertolli, Chef Boyardee, Dolly Parton and Vlasic in new categories. As part of its 2024 innovation agenda, Conagra Brands is planning to extend each into new…

Kalsec invests in Willow Biosciences

CALGARY, ALTA.  — Kalsec has invested in Willow Biosciences Inc. The investment will enable Willow to continue the development of natural food ingredients. Willow said it will use the investment funds for the commercialization and development of its products, including…

Date Better Snacks wins Latino accelerator program

PORTLAND, ORE.  —  Brazi Bites has named Date Better Snacks as the winner of its second annual Latino Entrepreneur Accelerator Program. The program was created in 2022 to help small Latino-own businesses scale. As the winner of the program, Date…

Grupo Bimbo probing growth in gluten-free market

MEXICO CITY — Grupo Bimbo SAB de CV has acquired Amaritta Food SL, a company focused on the research and development and production of gluten-free bread. The transaction was announced Feb. 19 by Daniel Servitje, chairman and chief executive officer…

Larger supplies forecast for US corn, soybeans, wheat

WASHINGTON — The overall outlook for US corn, soybeans and wheat in 2024 is for larger supplies only partially met by increased domestic use and firming global demand. That preliminary forecast from the Interagency Commodity Estimates Committee was presented during…

Mars, Unreasonable Group form partnership

CHICAGO  —  Through its snacking division, Mars and the Unreasonable Group have entered into a three-year partnership called Unreasonable Food. The Unreasonable Food partnership will focus on supporting rapid growth companies that are re-defining the food systems, the company said.…

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