Category food

Kroger venture capital partnership acquires nutpods

NEW YORK — Nutpods has been acquired by MPearlRock, a partnership between The Kroger Co.’s venture capital arm PearlRock Partners and MidOcean Partners, a private equity firm. Terms of the acquisition were not announced. Nutpods is a manufacturer and marketer…

Overall bearish reports pull corn, soy, wheat lower

Home » Overall bearish reports pull corn, soy, wheat lower Source: Sosland Publishing Co. Recap for January 11 Corn futures dropped to three-year lows after the USDA said 2023 US corn production was record high and Dec. 1 corn stocks…

Cultivated meat in the crosshairs

PHOENIX — House Bill 2121 has been introduced in the Arizona legislature and would ban the sale or production of cultivated meat in the state if enacted. Those who violate the legislation would face a penalty of up to $25,000.…

Utilizing umami to its fullest potential

It’s no secret that parameters for food formulation and manufacturing are shifting quickly. One of the FDA’s biggest initiatives heading into the new year includes reducing daily sodium intake for consumers, with short-term targets set for April 2024. While consumers…

Chilau Foods opens crowdfunding round

ORLANDO, FLA. — Southern-inspired stew and boil bases manufacturer Chilau Foods has opened a crowdfunding round. More than 100 individual investors have invested in the round as the company expands into retail in the United States, the company said. Chilau Foods…

Darigold debuts premium creamer line

SEATTLE — Dairy producer Darigold, Inc. is launching a line of clean label coffee creamers under the Belle brand. Formulated from five ingredients, the lactose-free product aims to stand out in the $6 billion market as a premium offering made…

Purely Elizabeth sets sights on breakfast aisle

BOULDER, COLO. —Purely Elizabeth, a breakfast food brand, has launched a new product line, Cookie Granola, which is now available nationwide. The granola tastes like a cookie but features ingredients that will make it dissimilar from other granola products, according…

Quaker adds more bars, cereals to recall

CHICAGO — Quaker Oats Co., a business unit of PepsiCo, Inc., expanded its voluntary recall (first issued Dec. 19, 2023) to include additional items they deemed at risk of potential Salmonella contamination. The updated list includes cereals, bars and snacks…

Futures mostly lower ahead of USDA Reports

Home » Futures mostly lower ahead of USDA Reports Source: Sosland Publishing Co. Recap for January 10 Weak export demand pressured wheat futures Thursday as traders adjusted positions ahead of fresh supply-demand figures and winter wheat seeding data coming Friday.…

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