Recent storms have eased drought conditions in several key Midwest farming states where the corn harvest is wrapping up. The U.S. Drought Monitor's weekly update released Thursday shows that 62.4 percent of the lower 48 states remained mired in some form of drought, down more than a percentage point from the previous week and a welcome sign for farmers enduring the nation's worst drought in decades.
Europe is considering limiting the amount of food-based biofuels that can count toward its renewable fuel targets while a drought in the U.S. has pushed up food prices worldwide and millions around the world go hungry. As part of an effort to reduce greenhouse gas emissions, the European Union had previously decided that 10 percent of the fuel used for transport in the 27-country bloc must come from renewable sources by 2020.
Marketing to the Hispanic consumer is now a worn-out refrain. For the past two decades (at a minimum), America’s businesses have been on a quest to connect with the nation’s largest ethnic and fastest-growing demographic group. It is a mission to cash in on opportunities for future revenue growth, but also a journey fraught with peril for some marketers.
Nestle SA, the world's biggest food and drink company, on Thursday said its sales growth slowed to 11 percent in the first nine months of 2012 as demand eased both in developed economies and emerging markets, where high growth is starting to cool off.
The Humane Society of the United States calls its campaign to unseat Rep. Steve King of Iowa "Stop the King of Cruelty." Its ads take King to task for his opposition to bills related to dogfighting and requiring emergency management offices to account for pets and service dogs in their preparedness plans.
A subsidiary of a Brazilian-based company is taking over management of XL Foods, the Alberta plant at the heart of one of the largest beef recalls in Canada's history. In a news release, JBS USA, the buyer, says the agreement also provides the company an exclusive option to buy the Canadian and U.S. operations of XL Foods.
Shares of Green Mountain Coffee Roasters Inc. jumped Wednesday after the company disclosed that it has hired someone to lead the international development of its business. The company pioneered the single-serve coffee market in the U.S. with its Keurig machines and grew quickly on their popularity.
Dean Foods Co.'s subsidiary WhiteWave plans to raise up to $368 million in its initial public offering. The company, which sells Silk Soymilk and International Delight Creamers, will offer 20 million shares for between $14 and $16 per share.
Biologists say a variety of natural forces have combined to produce an overabundance of squirrels throughout Vermont and some adjoining states, devastating at least some apple orchards. It's expected the population could crash as rapidly as it grew.
Maine agricultural officials are heading to Washington, D.C., to work with the state's congressional delegation and federal officials regarding the demise of the 2008 Farm Bill. Commissioner Walter Whitcomb says the Farm Bill expired Sept. 30, putting Maine's producers at risk.
Federal regulators have fined a North Carolina poultry processor for allowing underage workers to perform dangerous duties. The U.S. Labor Department has cited House of Raeford for allowing minors at a Duplin County plant to clean or operate powered meat-processing equipment.
Federal health officials say a Dallas-based meat distributor is recalling about 8,200 pounds of beef and pork products because they weren't inspected and were improperly labeled. Inspectors said one product from Lao Chareune Foods could not be labeled as a pork snack stick because it was raw.
Heartland Pet Products has broken ground on the Joplin, Mo. site of a new manufacturing and distribution center that's expected to create about 150 new jobs. The company plans to operate a 425,000-square-foot facility in Joplin's Crossroads Business and Distribution Park.
Workers at an Alberta plant at the center of a massive beef recall and E. coli scare have been laid off again as CFIA announced yet another recall of beef from the plant, this time involving brands sold under different product names in B.C. and Alberta.
Income level greatly influences how often and why consumers use foodservice. For example, nearly twice as many Affluent as Working consumers (50 versus 27 percent) use foodservice more than once a week. Greater disposable income and time pressures prompt affluent consumers to seek out the convenient yet high-quality meal options often at the leading edge of new foodservice industry trends.
The Coca-Cola Co. and Sanofi are partnering to launch a line of "beauty drinks" in France. The Coca-Cola business unit in France said in a statement that the drinks will be sold in a "small scale pilot" limited to a number of pharmacies in the country.
PepsiCo Inc.'s net income dipped 5 percent in the third quarter, as the food and beverage maker continued to pour more money into bolstering its flagship brands. The company, which makes Frito-Lay snacks, Tropicana juice and Quaker Oats, stood by its guidance for the year, however, and profit came in above Wall Street expectations.
The European Union's farmers' union is warning that drought, cold and hail have conspired to produce the worst wine harvest for the region in up to half a century. Farmers union expert Thierry Coste said Wednesday that France's grape harvest is expected to slump by almost 20 percent compared to last year.
Yogurt maker Danone says its sales grew solidly in the third quarter of the year, driven by its booming waters business and strong growth in Asia. The company behind Activia yogurt said Wednesday that revenue grew 9.4 percent in the July-to-September period to €5.3 billion ($6.9 billion).
The families of a three babies sickened by a rare bacterial infection, including a 10-day-old Missouri infant who died, filed a lawsuit Tuesday against the Illinois-based manufacturer of a powdered baby formula that they believe is responsible.