Food processor groups voiced their strong support last week for the Dairy Freedom Act in a letter to the bill's authors, Representatives Bob Goodlatte (R-VA) and David Scott (D-GA). The bill would offer the safety net of margin insurance for dairy farmers without forcing them to participate in a supply management program, a provision included in the dairy section of last year's Senate and House Agriculture Committee Farm Bills.
Kellogg's first-quarter net income slid 11 percent on higher expenses and acquisition costs. The Battle Creek, Mich., company announced a $1 billion stock repurchase program Thursday, but shares slipped in premarket trading. Kellogg — whose brands include Eggo, Keebler, Frosted Flakes and others — earned $311 million, or 85 cents per share, for the period ended March 30.
Starbucks Corp. is making management changes it says will give its top leaders deeper experience with the company. The world's biggest coffee chain declined to say whether the changes were part of succession planning for Howard Schultz, who returned as CEO in 2008 and has since led a turnaround of the company.
The Boston Beer Company Inc.'s profit slipped in the first quarter as rising costs dampened sales gains for the brewer. The company, which makes Samuel Adams beer, Twisted Tea and other beverages, said Wednesday that it faced higher costs for some of its goods during the quarter, and it increased spending on advertising and promotions.
Dean Foods Co. said Wednesday that it will distribute a portion of its remaining stake in The WhiteWave Foods Co. later this month. The dairy processing company took WhiteWave — which makes Silk soy products and Horizon Organic dairy products — public in October and is using proceeds to pay down debt.
For today's retailers and manufacturers, it has become increasingly complicated to pinpoint who are today's primary shoppers. Soccer moms? Working women? Men? In a new study commissioned by PLMA, GfK Custom Research North America answers the questions with some surprising results.
Shares of Cott Corp. fell Wednesday after the beverage maker reported lower first-quarter revenue, citing a loss in market share and a broader decline in the North American soft drink industry. The Canadian company, which makes private-label drinks for retailers, said its total filled beverage volume was 193 million cases for the quarter, down 5 percent from 203 million cases a year ago.
Gov. Tom Corbett's push to liberalize Pennsylvania's beer, wine and liquor laws drew broad criticism from anti-addiction groups during a Senate committee hearing Tuesday, and a key state senator suggested that any sale of private alcohol licenses won't deliver the kind of windfall Corbett has touted.
A Wisconsin Assembly committee approved a bill on Tuesday that would limit the amount of food stamp benefits that could be spent on junk food. Republican Rep. Dean Kaufert, of Neenah, amended his original bill to require people enrolled in the state nutrition assistance program, known as FoodShare or food stamps, to spend at least two-thirds of their monthly benefits on items such as milk, bread and vegetables.
For decades, the lives of 32 mentally disabled Iowa turkey processing plant workers were controlled by their Texas-based employer, which profited handsomely by hiring them out. Regardless of sickness or injury, they were driven from the dilapidated, bug-infested bunkhouse where they were housed to their 41-cents-an-hour jobs removing the slaughtered birds' innards.
California has filed a lawsuit against Whole Foods, Trader Joe's and other food retailers, manufacturers and distributors, alleging the companies are selling lead-tainted ginger and plum candies without warning labels, as required by state law.
The Traverse City Wine & Art Festival is a production of the Leelanau Peninsula Vintners Association (LPVA). The LPVA was formed in 1998 with a goal to help spread the word about all the wonderful things the Leelanau Peninsula has to offer including a growing number of award-winning wineries, excellent restaurants and a rich agricultural history.
Monster Beverage is suing San Francisco’s city attorney, arguing that City Attorney Dennis Herrera unfairly singled the company out by asking that it produce evidence that its drinks are safe. Since then, Monster says Herrera has asked it to reformulate its drinks and change its labels and marketing materials.
U.S. factory activity expanded at a slower pace in April, held back by weaker hiring and less company stockpiling. The report is the latest sign that economic growth may be slowing this spring. The Institute for Supply Management said Wednesday that its index of manufacturing activity slipped to 50.7 last month.
Cargill today announced a new initiative to help food and beverage manufacturers and foodservice operators find formulation solutions to address the complex challenges associated with improving childhood nutrition. In support of this initiative, Cargill is launching www.childhood-nutrition.com to provide ideas for solving formulation challenges associated with creating kids' products that are healthier and taste great.
PepsiCo pulled an online ad for Mountain Dew that was criticized for portraying racial stereotypes and making light of violence toward women. In the 60-second spot developed by African-American rapper Tyler, The Creator, a battered white woman on crutches is urged by an officer to identify a suspect out of a lineup of black men. A goat character known as Felicia is included in the lineup.
A government attorney asked jurors Tuesday to award damages to 32 mentally disabled workers, saying they were subjected to around-the-clock discrimination by a Texas company that profited from their work at an Iowa turkey plant. An attorney said the former workers for Henry's Turkey Services suffered "broken lives" because of the conditions they endured while living at a run-down bunkhouse in rural Iowa and working at West Liberty Foods.
Monster Beverage is suing San Francisco's city attorney over demands that the company reduce the amount of caffeine in its energy drinks and stop marketing to minors. The company, based in Corona, Calif., says it's being unfairly singled out by City Attorney Dennis Herrera, who late last year had asked Monster to produce documentation showing that its drinks are safe.
Buoyed by positive sales results and a more optimistic outlook among restaurant operators, the National Restaurant Association's Restaurant Performance Index (RPI) rose above 100 in March. The RPI — a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry — stood at 100.6 in March, up 0.7 percent from February's level of 99.9.
A New York City elementary school has adopted an all-vegetarian menu, serving kids tofu wraps and veggie chili. Public School 244 is the first public school in the city to go all-veggie. The animal-welfare group People for the Ethical Treatment of Animals says it might be the first all-veggie public elementary school in the nation.