Home » Wheat futures fall on better-than-expected ratings Source: Sosland Publishing Co. Recap for November 7 Better-than-expected winter wheat crop conditions — about 50% of the US crop was in good-to-excellent condition on Nov. 5 — pressured wheat futures Tuesday,…
ORRVILLE, OHIO — The J.M. Smucker Co. has completed its acquisition of Lenexa, Kan.-based Hostess Brands, Inc. The transaction first was announced on Sept. 11. “We are excited to formally welcome Hostess Brands and for the tremendous opportunity we have…
Home » South American conditions boost soybean futures Source: Sosland Publishing Co. Recap for November 6 Dry conditions in Argentina and weather woes in Brazil each helped push US soybean futures higher Monday. Brazil also is a major corn exporter,…
NEW YORK — Baristas-turned-businesswomen Mitalee Bharadwaj and Lisa Yala launched Transcendence Coffee, a line of coffee flavoring syrups featuring whole spices. The entrepreneurs started their business journey while working in a coffee shop during college. They noticed the coffee syrup…
PITTSBURGH — Heinz is expanding its ketchup portfolio with the addition of Heinz Pickle Ketchup. The condiment aims to create a tangy and savory flavor profile that capitalizes on the current popularity of pickle flavors, according to the company. Heinz…
WASHINGTON — The Government Accounting Office (GAO) in a 65-page report released Oct. 31 said the US sugar program, administered by the US Department of Agriculture, provides substantial benefits to sugar cane and beet growers because the program guarantees relatively…
NEW YORK — Imagine if there was a way for chefs and foodservice operators to include more vegetables into prepared dishes. Not just any vegetables, but the plants that typically never leave the field. That’s what brothers Jeremy and Adam Kaye,…
WESTCHESTER, ILL. — Ingredion, Inc. has unveiled plans to realign its business structure beginning in the first quarter of 2024. As part of the realignment, Ingredion said it will transition from a company organized by regions to one organized by…
BROOKLYN, NY. — The Pizza Cupcake is rolling out to more supermarket freezers across the country. The brand, created by married co-founders Michelle Jimenez-Meggiato and Andrea Meggiato, has landed or expanded distribution deals with several major retailers in recent months. The…
CHICAGO — The market researcher Circana is forecasting that after three years of food and beverage volume sales declines, the market will see modest growth in 2024. Specific categories expected to benefit the most include beverages and the deli. A…
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