CHICAGO — Volume improved sequentially at Conagra Brands, Inc. in the third quarter ended Feb. 25, but it still declined 1.8% when compared to the previous year’s third quarter. Volume declines were 6.6% in the first quarter and 2.9% in…
GHENT, BELGIUM — Vandemoortele, a family-owned European food company that manufactures and sells baked foods across the United States and 12 European countries, has acquired a majority stake in Banneton Bakery, Swedesboro, NJ. Founded in 2008, Banneton makes and sells…
KANSAS CITY — Glancing at the data, it would be easy to think that the tortilla and flatbread bubble has burst, thanks to inflation, but take a closer look. Center store wraps and flatbreads show a category experiencing a 2.8%…
Home » Technical trading, short-covering and a weaker dollar, oh my Photo: Sosland Publishing Co. Recap for April 3 Wheat futures launched a rebound Wednesday after sliding lower since the new week, month and quarter began. Lifting wheat was a…
HOUSTON — Riviana Foods, a subsidiary of Ebro Foods SA, has completed the first phase of its $80.6 million investment in its processing and packaging plant in Memphis, Tenn. The first phase involved renovating about 20,000 square feet of the…
AMSTERDAM — Kingswood Capital Management LP, a private investment firm, has completed the acquisition of Corbion’s emulsifier business for a cash price of $362 million and is changing the name of the business to Patco. Amsterdam-based Corbion expects net cash…
KANSAS CITY — With consumers continuing to emphasize the role of food and beverage choices in health and wellness, the hydration category has become a hotspot for innovation. Increased demand for hydration solutions has helped expand the global electrolyte hydration…
Home » Wheat in best shape since ’19 weighs on prices Source: Sosland Publishing Co. Recap for April 2 US wheat futures continued lower Tuesday, a day after the USDA said winter wheat was in the best early spring shape…
NEW YORK —Even as the company faces sharply higher cocoa prices this year and next, The Hershey Co. continues to benefit from strong management and its leadership position in the confectionery category, said Robert Moskow, an analyst with TD Cowen.…
KANSAS CITY — Think of artificial intelligence (AI) as potentially a way to accelerate innovation in the food industry. Ingredient selection is one example. “Artificial intelligence has the potential to make a significant impact on how we identify and select…
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