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Today in Food Manufacturing

Daily news and top headlines for food manufacturing professionals

Wall Street Trims General Mills' Profit Outlooks

June 28, 2012 12:31 pm

A quarterly revenue shortfall and a disappointing outlook for the year led several analysts to trim their outlooks for General Mills Inc. early Thursday.

Consumer Trends: Organic Dairy Market Continues To Grow

June 28, 2012 12:00 pm

The global demand for organic foods and beverages has been steadily increasing over the last decade. Growing awareness regarding health benefits as well as the adverse effects of pesticide residues have been the key factors behind this growth.

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Organic Sprouts Recalled Due To Possible Salmonella Contamination

June 28, 2012 9:49 am

As a precautionary measure, Banner Mountain Sprouts is voluntarily recalling organic sprouts because they may be contaminated with salmonella.

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Palm Oil Giant Felda Soars In Stock Market Debut

June 28, 2012 9:44 am | by EILEEN NG, Associated Press

Shares of Malaysian palm oil giant Felda soared as much as 20 percent in their first day of trading Thursday, overcoming weakness in global stock markets after the company completed the world's biggest IPO this year after Facebook.

Hillshire To Debut Amid Acquisition Speculation

June 28, 2012 9:41 am

Hillshire Brands Co. is set make its debut as a public company Friday after spinning off from Sara Lee Corp., and speculation about it being an acquisition target is already under way.

SD Board Approves Increase In Livestock Fee

June 28, 2012 9:38 am | by CHET BROKAW, Associated Press

A state board on Wednesday approved a compromise plan to raise the fee for brand inspections that are designed to prevent theft of cattle and horses in western South Dakota.

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W.Va. To Cut Food Tax Again

June 28, 2012 9:00 am

West Virginia is scheduled to shave another percentage point off the sales tax on groceries July 1. This latest cut will reduce the so-called food tax to one penny per dollar spent.

Photo Of The Day: Baking With Robots

June 28, 2012 9:00 am

Ontario's Conestoga College Institute of Food Processing Technology (IFPT) features a "de-panning cupcakes" machine that was developed by students working with an Ontario food company.

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Monsanto 3Q Profit Soars

June 27, 2012 12:54 pm

A mild winter spurred farmers to sow crops earlier and in larger numbers, allowing seed company Monsanto Co. to reap a 35-percent higher profit in its fiscal third quarter.

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Trials To Study Hawaii Grass-Fed Beef Production

June 27, 2012 12:52 pm

A cattle ranch is teaming up with an investment organization funded by eBay Inc. founder Pierre Omidyar to research large-scale grass-fed beef production on the Big Island.

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Mass. Fishermen Drop Suit Against Wind Farm

June 27, 2012 12:51 pm | by JAY LINDSAY,Associated Press

A group of Martha's Vineyard fishermen on Tuesday dropped a lawsuit aimed at derailing the planned Cape Wind offshore wind farm, saying they will instead work with the developers on ways to co-exist.

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Drought-Stricken Wyo. Ranchers Look To N.D. Pastures

June 27, 2012 12:50 pm | by BLAKE NICHOLSON,Associated Press

Drought-stricken cattle ranchers in Wyoming are looking to surrounding states for grazing land, and their best bet might be North Dakota, where farmers this year have been luckier than their neighbors.

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General Mills 4Q Income Rises On Strength Abroad

June 27, 2012 12:48 pm

The food maker's brands which include Cheerios and Hamburger Helper remain some of the most popular. But like most of its peers, the company has struggled with higher costs for everything from ingredients to labor and been forced to raise prices to offset them.

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Consumer Trends: Gen Y Looks For Healthy Products

June 27, 2012 12:42 pm

According to the most recent NMI Health and Wellness Study, Generation Yers believe in the benefits of, and are willing to pay a premium for, functional foods. The study also indicates that most consumers are using functional foods, with Gen Y reporting greater increased usage compared to the total.

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Photo Of The Day: Dropping Vermont

June 27, 2012 10:06 am

Cabot Creamery Cooperative, maker of cheese, butter and other dairy products, is phasing out labels with the state on the logo. A green outline of the state is being dropped in favor of a green barn and the words "Owned by our Farm Families in New York & New England."

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McCormick 2Q Profit Rises

June 27, 2012 9:53 am

McCormick & Co. said Wednesday that its second-quarter net income rose 9 percent, buoyed in part by higher prices, strength in emerging markets and acquisitions.

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Epidemic Kills 75,000 Goats In Congo

June 27, 2012 9:51 am

A U.N. agency has warned that a livestock epidemic in Congo that has killed more than 75,000 goats is the worst in a decade and is now threatening goats and sheep in neighboring countries.

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Cabot Phasing Out Vermont Logo

June 27, 2012 9:49 am | by DAVE GRAM,Associated Press

One old logo has "Cabot" stamped over a green outline of the state, with the word "Vermont" next to it. Another just has the shape of Vermont under the word "Cabot." The new one has a green barn and the words "Owned by our Farm Families in New York & New England."

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Both Koreas Suffering Worst Drought In A Century

June 27, 2012 9:46 am

North Korea dispatched soldiers to pour buckets of water on parched fields and South Korean officials scrambled to save a rare mollusk threatened by the heat as the worst dry spell in a century gripped the Korean Peninsula.

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Liquor Companies Lure Female Customers

June 27, 2012 9:41 am | by MICHELLE LOCKE,For The Associated Press

"Companies are realizing that women comprise a very heavy percentage of the cocktail-drinking community and I believe they are starting to speak more directly to women without the fear that they're going to alienate the male base," says Allison Evanow, one of the relatively few female executives in the spirits industry as founder and CEO of Square One Organic Spirits in San Francisco.

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