Twinkies, Wonder Bread and Devil Dogs are likely to return to shelves in coming months, but probably not under the same owners. Hostess Brands Inc. said in bankruptcy court Friday that it's narrowing down the bids it received for its brands and expects to sell off its snack cakes and bread brands to separate buyers. The testimony came from an investment banker for Hostess, which is in the process of liquidating.
Rabobank has published a new fourth quarter 2012 research report on the global dairy industry. In the report, Rabobank forecasts that demand growth will slow but will not prevent a price recovery in 2013. Rabobank's Food & Agribusiness Research and Advisory group says that the slow recovery in international dairy prices that began in August continued into the final quarter of this year, but failed to gain much momentum.
New Mexico meat processor Valley Meat Co. is suing the U.S. federal government after the USDA ceased inspection of the company's horse slaughtering facility. Valley Meat alleges it is the victim of emotional political debates and that it has lost hundreds of thousands of dollars due to federal inaction.
Fishing regulators on Thursday delayed voting on huge cuts to the catch of New England fishermen after repeated and emotional warnings that the reductions would finish off the flailing industry. The New England Fishery Management Council voted 15-2 to put off deciding on new catch limits for various bottom-dwelling groundfish species until their next meeting, scheduled for the end of January.
Kraft Foods Group is planning to increase production of its Capri Sun beverages at its facility in Frederick County, creating 25 jobs. Gov. Bob McDonnell said the company plans to invest $25 million for the ramp up and to install new packaging technology.
Chris Brokenshire has been making and drinking boilo for nearly 20 years. And now he's hoping to export this obscure cultural oddity to the masses, developing a drink mix that he began selling last month in a few brick-and-mortar stores in Schuylkill County — the epicenter of the boilo-making tradition — as well as online at his website.
A Maryland farmer who raises chickens for poultry giant Perdue Farms did not discharge pollution into a nearby river, a federal judge ruled Thursday in a case that had been closely watched by environmentalists and the poultry industry. U.S. District Judge William Nickerson sided with Alan Hudson in a 50-page ruling, saying a New York-based environmental group that sued the farmer and Perdue for pollution had failed to prove its case.
A New Mexico meat company that wants to resume domestic horse slaughter for food is suing the federal government, alleging inaction on its application was driven by emotional political debates and has cost it hundreds of thousands of dollars. Valley Meat Co. is seeking to force the U.S. Department of Agriculture to resume inspections necessary to open what would be the nation's first new horse slaughterhouse in more than five years.
In this Dec. 12, 2012 photo Chris Brokenshire poses with his creation, a drink mix based on a traditional Pennsylvania coal-region cocktail called boilo, in Ringtown, Pa. Brokenshire is trying to commercialize the drink, which has been around for at least a century and is typically consumed around the holidays.
Though the company admitted no wrongdoing, Clougherty Packing Co., the Hormel Foods subsidiary that makes Farmer John and Dodger Dogs products, has agreed to settle a discrimination suit brought by 2,000 women whose applications for entry-level jobs were rejected between 2007 and 2009.
Fifteen investors of a Sioux Falls food service marketing company have filed a lawsuit demanding the repayment of more than $2.2 million in funds they allege were obtained through fraud. The Argus Leader reports that the lawsuit was filed against the current and former owners of Fuzion Food Group.
In 2009, a group of carton manufactures joined forces as the Carton Council to increase carton recycling availability in the U.S. In just three years, the number of households who can recycle cartons has grown from 18 percent to now more than 40 percent, an increase of 128 percent. This represents more than 47.9 million U.S. households.
A new line of beers linked to the hit HBO drama "Game of Thrones" is being produced for the series by an upstate New York brewery. Brewery Ommegang in Cooperstown will bring out Iron Throne Blonde Ale in time for the premiere of the show's third season on March 31.
Ingrid Hirstin Lazcano, founder of the Los Angeles-based Andean Dream LCC, said a strike on the East and Gulf Coasts could bankrupt her company, which sells soups, pasta and other products made from quinoa, a grain, grown in the Bolivian Andes. The company has two containers shipped monthly to both Los Angeles and Philadelphia.
ConAgra posted a 17 percent rise in net income for the second quarter Thursday after a $5 billion acquisition this year of Ralcorp. The results beat Wall Street predictions and the Omaha, Neb., company, which makesBanquet, Chef Boyardee and Marie Callender's, boosted its profit guidance for the entire year.
According to new research from Mintel, cooking at home is heating up with more than one quarter (26%) of American consumers saying that they "love" cooking versus only a mere 9% who claim to dislike putting their apron on. And what's more, up to 20% of US consumers describe their cooking skills level as advanced, meanwhile almost half (46%) feel they have at least an intermediate level.
The Hillshire Brands Co. is selling an Australian subsidiary to McCain Foods Ltd. for approximately $85 million. The Chicago-based meat company, which was once part of the Sara Lee Corp., said late Tuesday that the deal will allow it to focus on its North American retail and food service business.
Orange juice may do more for your diet and overall health than you may think, according to results of a recently published study in Nutrition Journal. Data from this study suggests adults who drink 100 percent orange juice tended to have better overall diet quality, higher intake of key nutrients and less risk of being overweight than adults who don't drink orange juice.
South Dakota's state epidemiologist is reminding residents to cook and store foods at proper temperatures over the holidays. Dr. Lon Kightlinger says it's not uncommon for holiday pot-lucks at schools, churches, offices or other gatherings to result in food-borne outbreaks.
ConAgra Foods will release its second-quarter earnings report this morning. The Omaha-based company makes Chef Boyardee, Marie Callender's, Orville Redenbacher, Banquet and other branded foods. Last month, ConAgra announced a $5 billion deal to purchase Ralcorp. That deal will make ConAgra the biggest producer of store-brand foods in the nation.