WASHINGTON — The US Department of Agriculture in its Nov. 9 World Agricultural Supply and Demand Estimates (WASDE) report forecast higher US sugar production in 2023-24, lower imports and just slightly higher total supply and ending stocks. The USDA forecast…
BATTLE CREEK, MICH. — “From this point forward, everything we do is in service of cereal,” said Gary H. Pilnick, chairman and chief executive officer of WK Kellogg Co. In WK Kellogg’s first earnings call as an independent company following…
VIBY, DENMARK — Arla Food Ingredients’ has introduced three new formulated milk powders targeted to aid in healthy ageing for seniors. The powders include: Healthy Ageing Balanced Nutrition, Healthy Ageing Digestive Focus, and Healthy Ageing Low Fat. The powders are private…
WESTCHESTER, ILL. — An ability to mitigate the impact of cost increases through multiple levers, including pricing and mix improvements, operational excellence and productivity initiatives served Ingredion well during the third quarter of fiscal 2023, said James P. Zallie, president…
SEATTLE — Starbucks Corp. is gearing up for new all-day snacking platforms and an elevated baked foods offering, part of a product strategy that company executives expect to lift the brand and unlock growth. In comments during the company’s “reinvention…
LONDON — Tate & Lyle PLC has named David Hearn director, board chair and chair of the nominations committee, effective Jan. 1, 2024. Mr. Hearn will succeed Warren Tucker, who has been the interim board chair of Tate & Lyle…
KANSAS CITY — The plant-based category is expanding as more companies debut products that appeal to a wider range of consumers. To tap into the roughly 10% of US adults who identify as vegan or vegetarian, food manufacturers are innovating…
NAAS, IRELAND — Kerry has introduced Biobake Fresh Rich, an enzyme system for sweet baked foods that delivers softness, freshness and moistness perception over shelf life while reducing food waste, according to the company. The starch-acting enzyme enables sweet goods…
OAK BROOk, ILL. — TreeHouse Foods, Inc. was able to overcome a voluntary product recall in its broth business and supply chain disruption with a packaging vendor in its pretzels and cookies businesses late in the quarter to deliver earnings…
ORRVILLE, OHIO — With the acquisition of Hostess Brands, Inc. now complete, the J.M. Smucker Co. has added Sweet Baked Snacks as a new reporting segment. The company also unveiled several leadership changes. Dan O’Leary has been named senior vice president…
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