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Food News Archives

Food News Archives for May 2008

May 31, 2008 | Tri-cityherald.com

State fines seafood company $12,000 for oil spill off Tacoma

The state Department of Ecology has fined Seattle-based Trident Seafoods $12,000 for causing an oil spill in a Tacoma waterway.

Comment?

Related Topix: Tacoma, WA

May 31, 2008 | Food Industry

Chr Hansen homes in on nutrigenomic probiotics

Chr Hansen is stepping up its probiotic research programme in a quest to find new functionalities and competencies for some of the 100s of strains of probiotics it has in its possession.

Comment?

Related Topix: Chemicals, Life, Nutrition, Food

May 31, 2008 | Fresno Bee

Cherry jubilee

It's been a sweet year for the harvest of one of the riskiest crops in the central San Joaquin Valley.

Comment?

Related Topix: San Joaquin, CA, Grocery, San Joaquin County, CA, Ivanhoe, CA, Weather, Fresno, CA

May 31, 2008 | Food And Drink Europe

Tate & Lyle inks 'bran' new gut health deal

Its investment has been co-founded by Boerenbond, the Belgian group, along with academic institutions.

Comment?

May 31, 2008 | Canada NewsWire

Immersive Media Announces Third Quarter Results

CALGARY, May 27 /CNW/ - Immersive Media Corp. today announced its unaudited financial results for the third quarter, which ended March 31, 2008.

Comment?

Related Topix: Agriculture, International Multifoods Corporation

May 31, 2008 | NZ Herald

Fonterra's pay boost comes with a warning

View as a single page 5:00AM Saturday May 31, 2008 By Owen Hembry Milk is now refered to as 'white gold'. Photo / Northern Advocate The Fonterra float Despite lifting its payout to $9.6 billion yesterday ...

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Related Topix: Agriculture, Science

Fri May 30, 2008

Post-gazette.com - Business

Heinz sales set record in 2007

Over the next two years, the H.J. Heinz Co. is targeting at least 6 percent sales growth, the launch of 400 new products, millions of dollars in marketing spending, as well as changes to improve productivity ...

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Related Topix: Heinz H J, Marketing

Sussex Countian

State police searching for Millsboro felony fraud suspect

The Delaware State Police is asking for the public's assistance with locating a 25-year-old Millsboro resident who is wanted for felony fraud charges.

Comment?

Related Topix: Long Neck, DE, Millsboro, DE, Grocery

KATV

Trial Set for Teen Accused in Tyson Theft

A Fayetteville teenager faces federal charges in connection with the theft of $140,000 in cash from the home of Tyson Foods Inc.

Comment?

Related Topix: Tyson Foods, Olathe, KS

International Business Times

Flowers Foods raises its dividend by 20 percent

Flowers Foods Inc. said Friday its board raised its regular quarterly dividend by 20 percent to 15 cents.

Comment?

Related Topix: Flowers Foods, Agriculture, Construction

PR-inside.com

Ethics and Compliance Officer Association (ECOA) Elects New Board Officers

Jim Berg is the Director, Ethics & Business Practice for International Paper, the Fortune 100 global and packaging company headquartered in Memphis Tennessee.

Comment?

Related Topix: Memphis, TN Metro, Construction, International Paper, Paper, Heinz H J

NBR Newsroom

Fonterra lifts payout again

Fonterra directors said today the cooperative's record milk payout this season will be $7.90/kg of milksolids, up from its earlier forecast of $7.30/kg. The company also announced its initial forecast for the ...

Comment?

Thu May 29, 2008

Springfield News Leader

Hydrox cookies make temporary return

Hydrox, the defunct chocolate-sandwich wafer, is returning for one more rematch with its nemesis, the Oreo.

Comment?

Related Topix: Baked Goods, Life, Cookies, Dessert, Food, Kellogg, Agriculture

Technology Marketing

Regis Thinks Pink in Sweet'N Low Campaign

May 27, 2008 Regis Philbin is the new spokesperson for Cumberland Packing's multi-million dollar Sweet'N Low campaign, which breaks today.

Comment?

Related Topix: Live with Regis and Kelly, Entertainment, Television, Wheel of Fortune, New York Metro

MSNBC

Spam sales rise as consumers trim spending

Love it, hate it or laugh at it - at least it's inexpensive. Sales of Spam - that much maligned meat - are rising as consumers are turning more to lunch meats and other lower-cost foods to extend their already ...

Comment?

Related Topix: Agriculture, Science, Pleasanton, CA, Hormel Foods Corporation

Atwater Signal

Heinz profit rises 7.2 percent on higher prices

H.J. Heinz Co. on Thursday posted a 7.2 percent increase in fourth-quarter profit as price increases partially offset higher commodity costs.

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Related Topix: Heinz H J

Wed May 28, 2008

Paragould Daily Press

Step Up Summer Salads

Summer and salads go hand in hand - juicy fruits, fresh vegetables and crisp lettuce are in season making it a great time of year for this light and tasty dish.

Comment?

Related Topix: Life, Food, Vegetables, Fruits, Recipes, Hormel Foods Corporation

BusinessWeek

Kraft reformulates Kool-Aid drinks 12:12PM ET

Kraft Foods Inc. has reformulated several of its Kool-Aid drinks and launched a new Kool-Aid water beverage to revitalize the brand and bring it more in line with Kraft's nutritional guidelines.

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Related Topix: Drink, Soft Drinks, Kraft Foods

Tue May 27, 2008

snagwiremedia.com | GirlCanBake

Baby Showers- Where's the Cake?

Doesn't it seem like it's baby shower season? I know I go for the cake. How about cake shaped like baby blocks? Pretty cute and pretty delicious. Just avoid the baby shower games if you can!

Comment?

www.joythebaker.com | GirlCanBake

Madness- Blueberry Ice Cream with Hot Fudge Sauce

It's summer, which means it's time for off the wall ice cream flavors! How about Blueberry Sour Cream Ice Cream with Homemade Hot Fudge Sauce? Sounds just crazy enough to be delicious!

Comment?

Manufacturing.net

Heinz To Cut Emissions 20 Percent By 2015

H.J. Heinz Co. says it plans to reduce its greenhouse gas emissions 20 percent by 2015.

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Related Topix: Heinz H J, Ontario, OR, Ireland, World News

Food And Drink Europe

New sucralose supplier enters European market

Food makers to see alternative supplies for sucralose as new manufacturer for this booming sweetener hits European markets for the first time, launching today in Amsterdam.

Comment?

KRDO-TV Colorado Springs

Fuel Prices Pump At The Profits At Territory Days

Rising gas prices help pump up the profits at this year's Territory Days. The owner of the Rocky Mountain Chocolate Factory tells us that he made up to 20-percent more than last year.

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Related Topix: Rocky Mountain Chocolate Factory

Mon May 26, 2008

Rock Hill Herald

Reactions to J.R. Simplot's death

Author of "A Billion the Hard Way," Simplot biographer Dr. Louie Atteberry said Simplot must have been one of the few billionaires who knew hard, physical labor.

Comment?

Related Topix: Potatoes, Life, Food, Vegetables, Idaho Government, Idaho

KTHV-TV

Company Wants To Put Legal Squeeze On Smucker

Posted By: Monika Rued 44 mins ago An Arkansas company wants to put the squeeze on the J.M. Smucker Company in federal court over squeezable food dispensers.

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Related Topix: J M Smucker

Bakingbusiness.com

Imperial Sugar, Gulf Rice Arkansas enter agreement

Imperial Sugar Co. announced it has entered into a sales agency agreement with Gulf Rice Arkansas L.L.C. under which Imperial will initiate new sales opportunities for Gulf Rice, a Houston-based domestic rice ...

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Related Topix: Marketing

Los Angeles Times

Food world's version of 'CSI' solves mysteries

WASHINGTON -- It wasn't normal for a service at Calvary Baptist Church to end with a 911 call.

Comment?

Related Topix: Food Science, Soup, Life, Food, Darien, CT, Chemistry, Science, Kraft Foods

Sun May 25, 2008

hosted The Associated Press | The Associated Press

J.R. Simplot, potato and computer chip king, dies

Billionaire J.R. Simplot, the spud king of America whose wealth also helped create one of the world's biggest computer chip makers, died Sunday at his Boise home. He was 99.

Ada County Coroner Erwin Sonnenberg said Simplot apparently died of natural causes.

The quintessential Idaho farmer increasingly dominated the state's business and political landscape for 70 years, and the company that bears his name remains a powerful force today _ in Idaho and beyond.

Simplot and his family were ranked at No. 80 on Forbes magazine's 2006 list of richest Americans, with an estimated wealth of $3.2 billion.

2 comments

Related Topix: Ada County, ID, Agriculture, Science, Life, Food, Vegetables

RDH

Wrigley's breath-freshening Eclipse gum and mints help kill bad breath germs

While some breath-freshening gum and mints help mask bad breath, the Wm. Wrigley Jr.

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Related Topix: Life, Food, Candy, Wrigley William JR, Marketing

WisInfo

Johnsonville CEO donates $20 million

Johnsonville Sausage Chief Executive Officer Ralph Stayer has donated $20 million to the University of Notre Dame.

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Sat May 24, 2008

FoodNavigator

US group denies wrongdoing amidst milk price uncertainty

A leading US dairy cooperative has denied any wrongdoing over allegations that it may be involved in price fixing for some of its products, as yet another country finds its dairy markets under scrutiny.

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Related Topix: Drink, Milk

BusinessWeek

Go Ahead, Blame Biofuels

Editors' note: This is the second in a series of articles on the link between biofuels and the food crisis.

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Related Topix: Agriculture, Archer Daniels Midland, Monsanto, Chemicals, Science

Boston.com

Campbell Soup, Lowe's among big market movers

Stocks that are moving substantially or trading heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Campbell Soup Co.

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Related Topix: Financial Markets, Campbell Soup, Automakers, General Motors

Dairy Field

Dean Foods to Develop Anaerobic Digester

The anaerobic digester will capture animal waste from the farm's approximately 4,700 dairy cows, reducing both odors and emissions of methane gas into the atmosphere.

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Related Topix: Gooding, ID, Dean Foods, Science / Technology, Alternative Energy, Drink, Milk

Honolulu Star-Bulletin

Cyanotech names new president

By Kristen Consillio kconsillio@starbulletin.com Cyanotech Corp. has named a new president and chief executive officer six months after its founder Gerald Cysewski announced he was stepping down as part of a ...

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Related Topix: Kailua Kona, HI, Biotech, Cyanotech, Medicine, Healthcare Industry, Hain Celestial Group Inc The

Fri May 23, 2008

London Free Press

EU to appeal banana duty ruling

The European Union said yesterday it would appeal a World Trade Organization ruling that European import tariffs for bananas unfairly discriminate against many Latin American countries.

Comment?

Related Topix: Financial Services, Agriculture, Chiquita Brands International

Franchise Pundit

Dippin' Dots Competitors

However, the Dippin' Dots patent was invalidated by the USPTO in 2007, in part because Dippin' Dots founders had made sales of a similar beaded ice cream product to over 800 customers more than a year before ...

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Related Topix: Patent / Trademark Law, Law

ArkansasBusiness.com

Tyson Food Appoints David Van Bebber as General Council

Tyson Foods Inc. says David Van Bebber has been promoted to executive vice president and general counsel for the Springdale-based poultry-producer. Tyson Foods Inc.

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Related Topix: Tyson Foods

Fox News

Fitch Cuts Archer Daniels Midland's To 'A'; Outlook Stable

When a business borrows money so it can reinvest it in hopes of getting a higher return, it's called leverage.

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Related Topix: Agriculture, Archer Daniels Midland, Business News

WAPT-TV Jackson

Sanderson Farms 2Q Profit Falls On Feed Costs

Poultry producer Sanderson Farms has reported a decline in profits for the quarter ended April 30, compared to the same period last year.

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Related Topix: Sanderson Farms

Thu May 22, 2008

PR-inside.com

Chiquita CEO gives shareholders upbeat progress report

The chief executive of Chiquita Brands International Inc. told shareholders at their annual meeting Thursday that the company is making progress on profitability and sustained growth.

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Related Topix: Life, Fruits, Food, Agriculture, Chiquita Brands International

Atlanta Business Chronicle

Flowers Foods cooks up a strong first quarter

Flowers Foods Inc. 's first quarter profit rose about 26 percent, and the company has made some management changes.

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Related Topix: Thomasville, GA, Flowers Foods, Agriculture, Marketing

Confectionery News

Sugar and currencies blamed for Tate & Lyle profit drop

Tate & Lyle has reported an 11 per cent drop in pre-tax profits to 244m for full year 2008, a result of troubles in international sugar trading and inclement exchange rates.

Comment?

San Jose Mercury News

Hormel 2Q rises on lower costs, maintains outlook

Hormel Foods said Thursday its profit rose in the second quarter as pork costs fell and Spam continued to sell well.

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Related Topix: Austin, MN, Hormel Foods Corporation, Business News

KansasCity.com

Interstate Bakeries reports larger monthly loss

Interstate Bakeries Corp., the maker of Hostess Twinkies and Wonder Bread, reported a larger monthly loss Wednesday, driven by lower sales and higher expenses.In a securities filing, the Kansas City-based ...

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Related Topix: Agriculture, Interstate Bakeries

Wed May 21, 2008

State 29

Well Well Wells

Wells Dairy Corporate Headquarters, paid for by you. Wells' Dairy Inc. is falling short in the number of jobs it promised to create when it was awarded nearly $3 million in incentives, state economic ...

Comment?

Related Topix: Agriculture, Science

KCRG

Rep. Braley Proposes Immigration Reforms, Wants To Know Raid Cost

U.S Rep. Bruce Braley wants to know the cost of immigration raids at meatpacking plants.

Comment?

Related Topix: Postville, IA, Marshalltown, IA

The Daily Times

BUSINESS: Ethanol turmoil threatens producers

CHAMPAIGN, Ill. - Not long ago, the fledgling ethanol industry was the darling of investors, farmers, the federal government and a lot of Americans who liked the idea of turning corn into fuel.

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Related Topix: Champaign Metro, Agriculture, Archer Daniels Midland

Seattle Post-Intelligencer

Nippon Suisan Kaisha takes 25 percent stake in Glacier Fish

Nippon Suisan Kaisha Ltd. of Tokyo, the second-largest marine products firm in Japan, has taken a 25 percent stake in Glacier Fish Co.

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Related Topix: Glacier, WA, Life, Food, Seafood, CPU, Science / Technology

Food Quality News

FDA throws Lifeway lifeline after line closures

Lifeway Foods, a major processor of cream cheese and seafood products, has been ordered by the US Food and Drug Administration to close down two of it production lines over alleged hygiene and labelling ...

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Related Topix: Life, Food, Seafood, Lifeway Foods, Healthcare Law, Food and Drug Administration, Law

Reuters

Gum with bark to take bite out of bad breath

CHICAGO - Magnolia bark extract -- a traditional Chinese medicine -- may be the newest weapon in the war on bad breath.Chewing gum maker Wm Wrigley Jr Co said on Tuesday that it has added a bit of this ...

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Related Topix: Wrigley William JR

Tue May 20, 2008

Meat & Poultry

Kayem Foods acquires brands from Tyson Foods

Kayem Foods Inc. announced an agreement May 20 with Tyson Foods, Inc. to acquire several brand names, including Jordan's, Deutschmacher, Kirschner, Essem, Tasty Bite and Willams of Vermont.

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Related Topix: Tyson Foods

World-Grain

AIPC sales jump 44% in second quarter

American Italian Pasta Co. posted sales of $139.6 million in the second quarter ended March 28, up 44% from the same period a year ago.

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Related Topix: Agriculture, American Italian Pasta

Houston Business Journal

Imperial to collaborate with Gulf Rice

Imperial Sugar Co. is joining with Gulf Rice Arkansas LLC to help initiate new food service sales opportunities for the Houston-based rice processor.

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St. Louis Business Journal

Brown Shoe taps Campbell Mithun to lead Famous Footwear ad campaign

“With this new team in place, Famous Footwear will expand the reach of our communications campaigns and excite even more shoe enthusiasts to visit our stores.”

St. Louis Business Journal - by Matt Allen In an attempt to enhance marketing communications for its Famous Footwear chain, Brown Shoe Co. via St. Louis Business Journal

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Related Topix: Advertising, Retail, Brown Shoe Company, Apparel, Footwear, Marketing, General Mills, Agriculture, Madison Metro

TheHawaiiChannel

EPA Fines Mauna Loa Macadamia Nut Corp.

The Environmental Protection Agency announced on Monday that it reached an agreement with Mauna Loa Macadamia Nut Corp. via TheHawaiiChannel

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Related Topix: U.S. Environmental Protection Agency, Environmental Law, Law

Mon May 19, 2008

The Orlando Sentinel

Convention center's new food vendor is having problems at the plate

“My concern has always been in the financial column and whether or not they were as stable as the procurement committee's review had them documented”

The company that won a contentious contract battle for a 10-year deal worth as much as $300 million to serve food at the Orange County Convention Center is facing an increasingly difficult financial situation. via The Orlando Sentinel

3 comments

Related Topix: Orange County, FL

WSBT

COO of Johnsonville Sausage Co. donates $20 million to school

The chief executive officer of Wisconsin-based Johnsonville Sausage Co. is donating $20 million to the University of Notre Dame. via WSBT

Comment?

CNN Money

Dairy co-op faces investigations

Federal commodity regulators are investigating a price-manipulation scheme by the farmer-owned dairy cooperative that controls about a third of the nation's milk supply, according to a published report. via CNN Money

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The Post-Standard

Campbell's profit climbs on sale of Godiva

The Campbell Soup Co. says its profit climbed in the third quarter as it completed the sale of its Godiva Chocolatier brand. via The Post-Standard

1 comment

Related Topix: Campbell Soup

Chicago Tribune

After 100 years, beans still growing enterprise for cannery

“We have no intention of doing anything different.”

When they started canning tomatoes in 1908, A.J., Fred and Claude Bush likely had no idea the company they were creating would someday be a household name and rule the roost in the canned vegetable market. via Chicago Tribune

Comment?

Related Topix: Augusta, WI, Marketing, Recipes, Life, Food, Vegetables

Sun May 18, 2008

PR-inside.com

General Mills Donates $500,000 to Aid Victims of the Earthquake in Central China

“We want to provide immediate help because we know that rebuilding lives takes time.”

General Mills has operations in the Sichuan Province of central China. "We were relieved to learn that our employees are safe, and our hearts go out those who have been impacted by this disaster," said Chris ... via PR-inside.com

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Related Topix: General Mills, Agriculture

Meat & Poultry

Tyson test marketing new Hispanic brand

Tyson Foods, Inc. is currently test marketing six new chicken products in Houston and Dallas, Texas, under the Tyson Al Gusto! brand, said Richard L. Bond, president and chief executive officer. via Meat & Poultry

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Related Topix: Marketing, Tyson Foods

Reuters

Morning-after pill sold over the counter in Canada

TORONTO - The so-called "morning after" pill Plan B has received full over-the-counter status in Canada, drug maker Paladin Labs Inc said on Thursday.Paladin said that following a decision by the National ... via Reuters

Comment?

Related Topix: American Italian Pasta, Agriculture, Human Sexuality

Sat May 17, 2008

BNET

Del Monte Seeks Split with Charlie the Tuna

Big changes are afoot at Del Monte . But in response to media reports, Del Monte on Friday confirmed that it is studying "strategic alternatives" for StarKist, though no sale is imminent. via BNET

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Related Topix: Del Monte Foods

The Post Chronicle

Tough Times Hit Food Show Exhibitors

Some of the food industry's biggest players say they have reduced their participation at Saturday's National Restaurant Association trade show in Chicago. via The Post Chronicle

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Related Topix: Tyson Foods

Food Navigator

ADM Cocoa starts supply of organic chocolate ingredients in UK

“We estimate current organic chocolate market share to be around 1.4 per cent of total UK chocolate market. We think this could grow to around 2.4 per cent over next 5 years.”

ADM Cocoa has introduced new procedures in its cocoa facilities in the UK so as to be able to supply a new range of certified organic chocolate to its food industry customers. via Food Navigator

Comment?

Related Topix: Agriculture, Archer Daniels Midland, Europe, World News, United Kingdom, Life, Food, Organic Food, Chocolate

Reuters

Pricier chicken coming to a store near you

“In the summertime we usually have our strongest demand for chicken, so typically you would not expect to be seeing egg sets drop this time of year. So I think it is pretty significant”

CHICAGO - U.S. consumers can add chicken to the list of foods that will cost more this year.Prices on everything from soup to nuts have moved higher as food companies pass on to consumers ... via Reuters

Comment?

Related Topix: Agriculture, Science, Tyson Foods

Fri May 16, 2008

CBC News

Premium Brands says chief executive Fred Knoedler has died of cancer

Premium Brands Income Fund said Friday that chief executive Fred Knoedler has died of cancer. via CBC News

1 comment

Related Topix: Business News

KIFI Idaho Falls

Supervalu paid CEO Noddle $5.3 million

A regulatory filing shows that Supervalu Chairman and CEO Jeffrey Noddle's pay fell to about $5.3 million, without the stock awards that had boosted it the previous year Noddle received a major infusion of ... via KIFI Idaho Falls

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Related Topix: Supervalu, Retail, Grocery

Reuters

Del Monte says may sell StarKist

Del Monte Foods Co on Friday said that it is exploring alternatives for its StarKist seafood business, including the possible sale of the business. via Reuters

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Related Topix: Del Monte Foods

IndustryWeek

FDA Takes Action Against Lifeway Foods and Subsidiary

Citing inadequate labeling and safety and sanitation plans, the U.S. Food and Drug Administration on May 15 announced the shutdown of cream cheese and seafood operations at Lifeway Foods Inc. via IndustryWeek

Comment?

Related Topix: Food Science, Environmental Law, Law, Food and Drug Administration, Life, Food, Seafood, Lifeway Foods, US News

New York Post

Berkshire Ups Stakes in Wells Fargo, Kraft

“If we're going to be buying things, we want to buy them on sale.”

Billionaire Warren Buffett's Berkshire Hathaway Inc. added to stakes in Wells Fargo & Co. via New York Post

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Related Topix: Warren Buffett, Construction, Investment Services, Kraft Foods, Wells Fargo , Banking, Financial Services, Berkshire Hathaway, Insurance

Times-Transcript

Cadbury forecasts higher sales, profit margins

“We expect to upgrade our 2008 forecasts on this news”

Cadbury PLC, the world's biggest candy maker, gave investors a pleasant surprise Thursday by forecasting target-beating sales in the first half and improving profit margins on the back of price increases and ... via Times-Transcript

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Related Topix: Life, Food, Candy, Marketing, Chocolate, Beverages, Cadbury Schweppes, Wrigley William JR

Thu May 15, 2008

The York Daily Record

Heinz donating $350,000 to China earthquake relief efforts

The H.J. Heinz Co. says it's giving $350,000 in cash and in-kind services to earthquake relief efforts in China. via The York Daily Record

1 comment

Related Topix: World News, Asia, China, Heinz H J,

Likelihood of Confusion

American Red Cross lands right cross against J&J

Johnson & Johnson started it . The Red Cross wins it : A federal judge last night ruled against Johnson & Johnson in its suit to stop the American Red Cross from using the Red Cross emblem on first aid and ... via Likelihood of Confusion

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Related Topix: J and J Snack Foods, Biotech, Johnson and Johnson, Medicine, Healthcare Industry

Tampabays10.com

Tyson Foods: Feed costs will increase chicken prices

“The lag of higher priced corn is just now coming through the products that we are taking to market”

Meat company Tyson Foods said Thursday that there will be less, but more expensive, chicken on supermarket shelves this summer as higher feed prices are passed onto consumers. via Tampabays10.com

1 comment

Related Topix: Agriculture, Science, Tyson Foods

KCRA.com

Inflation Gnaws At Pet Food Companies

“People are paying the same amount for less product.”

Pet owners, get ready for sticker shock. Retailers and manufacturers are hiking pet food prices, and the cost of kibble is expected to climb even higher in coming months. via KCRA.com

2 comments

Related Topix: Staten-Island, NY, New York, NY, Retail, PETsMART, Pets, Del Monte Foods

Wed May 14, 2008

Pittsburgh Tribune

Del Monte to move 100 jobs to San Francisco

Del Monte Foods Co. said today it's relocating about 100 marketing and related positions from of its 500-person operation on the North Shore to its corporate headquarters in San Francisco. via Pittsburgh Tribune

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Related Topix: Del Monte Foods, Marketing

WDJT

Distribution center coming to Kenosha

A Midwest grocery cooperative is getting more than a million dollars from the state to build a new distribution center in Kenosha and train new workers. via WDJT

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Related Topix: Kenosha Metro, Kenosha, WI, Grocery

Food And Drink Europe

Premier recovers commodity costs through price rises

“We are offsetting the impact of this [overall cost inflation] through planned pricing and cost reduction action”

Premier Foods, the maker of Hovis bread, reports 'good progress' in recovering commodity inflation as price increases passed onto retailers offset high ingredient costs. via Food And Drink Europe

Comment?

Related Topix: Baked Goods, Life, Food, Bread, Beverages

RTE.ie

Glanbia on track despite volatility

The managing director of food group Glanbia has told shareholders the group is confident of meeting expectations for its financial results this year, despite volatility in dairy markets. via RTE.ie

Comment?

MarketWatch

Struggling Pilgrim's Pride moves to raise $180 million

Pilgrim's Pride Corp. shares fell almost 7% Tuesday after the chicken producer said it plans to sell $180 million of stock to pay down debt. via MarketWatch

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Related Topix: Pilgrims Pride Corporation, Pittsburg, TX

Market Watch

JM Smucker Buys ConAgra Foods' Knott's Berry Farm Brand

J.M. Smucker Co. bought ConAgra Foods Inc.'s Knott's Berry Farm food brand, a maker of jams, jellies, preserves and gift boxes. via Market Watch

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Related Topix: ConAgra Foods, J M Smucker

Tue May 13, 2008

Cincinnati Business Courier

Chiquita inks deal to sell Atlanta AG

Chiquita Brands International Inc. will sell its Atlanta AG distribution operation to UNIVEG , a Belgium-based fruit distributor, the company announced Tuesday. via Cincinnati Business Courier

Comment?

Related Topix: Agriculture, Chiquita Brands International, Life, Fruits, Food

hosted Chicago Tribune | Chicago Tribune

Tribune Co. rejects latest offer for Wrigley

“To act properly by going back to Sam Zell and negotiating further.”

Tribune Co. on Tuesday rejected the latest proposal from the Illinois Sports Facilities Authority to acquire Wrigley Field, saying that the new undisclosed offer was not workable from a team standpoint.

'Any transaction transferring ownership of Wrigley Field to the public must satisfy the interests of Tribune, the Cubs and the public. While we appreciate the creativity of the latest ISFA proposal, it does not work from Tribune's or the Cubs' perspective,'' said Crane Kenney, Cubs Chairman. 'We'll continue working with the city and state and at the same time begin the private process to explore interest in the team, stadium and our ownership interest in Comcast SportsNet.' Read more

21 comments

Related Topix: Wrigley William JR, Publishing, Media, Tribune, Chicago Metro

Manufacturing.net

Workers Sue Smithfield Foods Over Labor Violations

About 230 current and former workers are suing Smithfield Foods Inc., contending they weren't paid for years for 30 to 45 minutes of daily overtime. via Manufacturing.net

Comment?

Related Topix: Smithfield Foods

Food Technology

Tate & Lyle secures seven year supply with Fiji

“Our strategic supply objective is to take advantage of the growing level of cane sugar imports into the EU as a result of recent changes to the EU sugar market.”

Ingredients firm Tate & Lyle has entered an agreement with Fiji Sugar Corporation for the supply of 300,000 tonnes of raw sugar per year till 2015, amid developments in the EU sugar regime. via Food Technology

Comment?

WJXX

Sugar Plant Owner Losses Money

The Imperial Sugar Company said today it swung to a first-quarter loss mostly on charges related to the explosion at a refinery in Georgia and to weak sugar prices and high transportation costs. via WJXX

Comment?

Related Topix: Port Wentworth, GA