BERKELEY, CALIF. — Animal-free dairy protein maker Perfect Day, formerly known as Muufri, has raised $90 million in a pre-series E financing round. The funding round was led by internal investors. In the wake of the funding announcement, co-founders Ryan Pandya…
FRISCO, TEXAS — Ruiz Food Products, Inc. has promoted Kimberly Carroll to president and chief executive officer as well as a new member of the board of directors, effective Jan. 21. Current CEO Dan Antonelli will remain with the company…
Home » Soy complex, corn futures lower on rains in Brazil Source: Sosland Publishing Co. Recap for January 5 Soy complex and corn futures closed lower Friday and sharply lower for the week as beneficial rains fell in the dry…
WASHINGTON — Functional formulations, plant-based proteins and label transparency will be some of the key trends influencing the food and beverage industry in 2024, according to the annual trends prediction from the International Food Information Council (IFIC). Consumers have become…
BUFFALO, NY. — Rich Products has partnered with Hometown Food Co., which manufactures shelf-stable Pillsbury baking products for US consumers, to jointly unveil their new Funfetti Cheesecake Single Slices. According to Rich’s, the 3.25-oz cheesecake slices are made of a…
KANSAS CITY — The recent upsurge in the number of cases of highly pathogenic avian influenza (HPAI) and the increasing number of hens euthanized has been concerning, but the impact on egg product prices remains muted compared with the impact…
CERRITOS, CALIF. — Ube has been identified as the leading flavor of 2024 by T. Hasegawa USA Inc. Ube is a bright purple tuberous root vegetable from the Philippines. It may be used in such applications as mashed potatoes, gnocchi, sauces…
Home » Wheat futures advance on talk of China back in market Source: Sosland Publishing Co. Recap for January 4 Wheat futures closed higher Thursday with Chicago soft red winter contracts leading the way, bouncing off one-month lows on talk…
LONDON, ONT. — Ted Sehl, chief financial officer and director at Odd Burger Corp., is resigning from his post due to an unexpected and severe medical event that is requiring surgery, according to the company. In turn, he will no longer…
PARIS — Carrefour will stop selling certain products, including Pepsi, Lay’s chips and 7up in four European countries, citing problematic price hikes. This decision marks a new chapter in the ongoing price disputes between retail chains and major international food…
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