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Will the Canadian oat market ever settle down?

KANSAS CITY — It’s no secret that Canada, the world’s top supplier of oats, has experienced back-to-back years of extraordinary volatility in its oat market. From perilously low oat production in 2021 to record high output in 2022, which sent…

Kroger names interim CFO | Food Business News

CINCINNATI — Todd Foley has been named interim chief financial officer of The Kroger Co., effective immediately. He succeeds Gary Millerchip, who is stepping down as senior vice president and CFO to take on an executive role at another public…

Ingredients manufacturer in The Netherlands joins Dawn Foods

AMSTELVEEN, THE NETHERLANDS — Dawn Foods has acquired Royal Steensma, a family-owned bakery ingredients manufacturing company based in Leeuwarden, The Netherlands. Active in the bakery market for nearly 185 years, Royal Steensma specializes in fat-based coatings (Souplesse), almond and confectionery…

Cookie startup opens crowdfunding round

NEW YORK — Mmmly, a plant-based cookie startup that focuses on better-for-you snacking, has opened a crowdfunding round on Wefunder to help add new classic flavors, debut its first nut-free flavor, and grow in retail. Mmmly was found in 2020 by…

Elo Life Systems raises $20.5 million

DURHAM, NC.  — Elo Life Systems has raised $20.5 million in an oversubscribed Series A2 funding round. The funding round was led by DCVC Bio and Novo Holdings. Other investors included Hanwha Next Generation Opportunity Fund, AccelR8, and Alexandria Venture Investments.…

Fresh records into the weekend for S&P, Dow

Home » Fresh records into the weekend for S&P, Dow Source: Sosland Publishing Co. Recap for February 2 Shares of huge American technology companies — led by Meta, which added 20% after reporting its biggest quarterly sales increase in two…

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