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Smucker capitalizing on more consumers eating at home

ORRVILLE, OHIO – The pandemic followed by higher prices and the related economic pressures of inflation on consumers have benefited the J.M. Smucker Co., a company that serves the at-home coffee, pet food, frozen handheld and spreads markets. “We definitely…

Dryness in US Plains, Russia pulls wheat higher

Home » Dryness in US Plains, Russia pulls wheat higher Source: Sosland Publishing Co. Recap for April 6 Dry weather concerns for the US and Russian crops bolstered most wheat futures Monday, as did concerns about Russia delaying shipments. Pressuring…

Cargill, Voyage Foods to produce cocoa-free range

SCHIPHOL, THE NETHERLANDS — Cargill and Voyage Foods are forming a commercial partnership that will produce alternatives to cocoa-based products and nut spreads without using cocoa, peanuts and hazelnuts. Through the partnership, Cargill will act as Voyage Foods global distributor and…

Tony’s Chocolonely secures deal with Howard Schultz

NEW YORK — Tony’s Chocolonely, a Netherlands-based chocolate company focused on ethically producing chocolate and ending exploitation in cocoa, has added Howard Schultz, former chief executive officer and founder of Starbucks, to its list of shareholders. Schultz also recently placed minority…

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