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New FDA draft strategy targets food waste

WASHINGTON — The US Food and Drug Administration, the US Department of Agriculture and the US Environmental Protection Agency have published a draft strategy to reduce food waste. The proposal defines four objectives, along with possible actions the agencies may…

Soup sales fall 5% at Campbell

CAMDEN, NJ.  — Goldfish cracker brand sales rose 5% in the first quarter ended Oct. 29, and Lance cracker brand sales achieved double-digit sales growth at 15%. Yet overall sales for the Campbell Soup Co. declined 2% as soup sales…

SunOpta names new CEO | Food Business News

MINNEAPOLIS — SunOpta has named Brian W. Kocher as chief executive officer. Mr. Kocher succeeds Joseph Ennen, who is retiring from the company after serving five years. Most recently, Mr. Kocher was president and CEO at Calavo Growers Inc., and previously…

ADM investing in Brazil | Food Business News

CHICAGO — ADM is making a series of investments in Brazil including expanding crush at three oilseed processing facilities by a total of 400,000 tonnes and the acquisition of a glycerin producer. The expansions are planned in Campo Grande, Mato…

Chicago wheat shoots up off Chinese buy

Home » Chicago wheat shoots up off Chinese buy Source: Sosland Publishing Co. Recap for December 5 Hard wheat futures were higher and Chicago soft wheat futures soared Tuesday after the USDA confirmed a second straight purchase of the variety…

Uncrustables propel Smucker in second quarter

ORRVILLE, OHIO — Between the acquisition of Hostess Brands, Inc., and the divestiture of some pet food brands as well as Sahale Snacks earlier this year, there was a lot of “noise” in the J.M. Smucker Co.’s second-quarter financial performance.…

Oterra names new CEO | Food Business News

HOERSHOLM, DENMARK — Martin Sonntag will lead Oterra as the company’s new chief executive officer. Before joining Oterra, Mr. Sonntag was with the Doehler executive leadership team as its head of global plant based nutrition. Before Doehler, Mr. Sonntag was senior…

PLMA Show promotes the premium side of private label

ROSEMONT, ILL. — A record 1,685 exhibitors showcased the latest new products, flavors, packaging, ingredients and services at the 2023 Private Label Trade Show held Nov. 12-14 in Rosemont, Ill. The annual event is hosted by the Private Label Manufacturers…

Cultivated meat company beefs up $7 million in Seed Round

CHICAGO — Cultivated meat biotech startup company Clever Carnivore has raised $7 million in seed round funding. The funding round was led by Lever VC. Companies like McWin Capital Partners, Thia Ventures, Valo Ventures, Newfund Capital, and Stray Dog Capital all…

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