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…
ANAHEIM, CALIF. — Dressed as farmers and supported by their “sisterherd,” dressed as cows sitting alongside hay bales on the Natural Products Expo West Pitch Slam stage, the founders of organic skyr brand Painterland Sisters won over the judges and took…
Home » Large supplies pull back some grain gains Photo: Sosland Publishing Co. Recap for April 1 Ample supplies weighed on US grain and oilseed futures Monday. Traders took profits off last week’s steep gains in the corn market precipitated…
KANSAS CITY — Cattle from dairy herds in Idaho, Kansas, Michigan, New Mexico and Texas have either exhibited symptoms associated with highly pathogenic avian influenza (HPAI) or received presumptive positive test results, according to the US Department of Agriculture’s National…
KANSAS CITY — Sooner or later, it had to happen. Something had to give. What goes up eventually settles down, even in the most resilient of markets. That’s exactly what occurred in the snack industry, which flourished during the past…
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