Campbell Soup Company announced today that it has completed the sale of its European simple meals business to CVC Capital Partners (CVC) for a purchase price of 400 million euro. The agreement does not include Campbell’s recently-acquired Kelsen Group.
A big decline in food costs helped hold down wholesale prices in September, contributing to a 0.1 percent decline, the first drop since April. The slight dip followed a 0.3 percent rise in prices in August, the Labor Department said Tuesday.
A Delaware medical center is warning community residents that prepared salads that may have been contaminated with bacteria have been served at hospital cafes. Some salads were recalled because of possible contamination with Listeria monocytogenes.
Research has shown that tart cherry juice may help improve the quality and duration of sleep. In one study, adults who drank two daily glasses of tart cherry juice slept about 40 minutes longer on average and had up to a 6 percent increase in sleep efficiency.
The maker of Sriracha hot sauce is under fire for allegedly fouling the air around its Southern California factory. The city of Irwindale filed a lawsuit in Los Angeles Superior Court asking a judge to stop production at the Huy Fong Foods factory.
Kraft reports its third-quarter results after the market closes Wednesday, which should give a glimpse into how the company is dealing with weak sales of lunch meat and salad dressings. In the previous quarter, the company noted that it was facing tough competition in a variety of categories.
The fight over renewing the nation's farm bill has centered on cuts to the $80 billion-a-year food stamp program. But there could be unintended consequences if no agreement is reached: higher milk prices. Congress is scheduled to begin negotiations on the bill this week.
Reser's Fine Foods Inc. has voluntarily expanded a recall of packaged salads from its factory in Topeka, Kan. The company said it took the step because the products distributed nationwide and in Canada may be contaminated with listeria.
The goCrop Web and mobile app, which is designed to map crops and monitor irrigation systems, came to life after Heather Darby, an agronomist from the University of Vermont Extension, realized farmers just weren't very good at keeping records.
Farmers can now use smart phones and computers to monitor and modify what nutrients they add to their soil, thanks to the new computer app goCrop, created by a University of Vermont researcher. More than 50 Vermont farmers are now using goCrop, created with help from $400,000 grant.
Italian wines are now more likely to be enjoyed in places like New York or Beijing than in their home country because wine-drinking in Italy is hitting record lows. Other alcoholic beverages, such as beer, are gaining popularity in Italy.
Poultry processing company Mountaire Farms of Delaware is seeking more than $200,000 in taxpayer grants to expand its business. Mountaire is asking for a state Strategic Fund Performance grant of up to $87,759 and a state Strategic Fund Capital Expenditure grant of up to $129,000.
A third person has died from injuries in a candy factory explosion last week on Mexico's border with the U.S. Arturo Sandoval says the 41-year-old employee of the factory Dulces Blueberry in Ciudad Juarez died late Saturday from third-degree burns that covered most of his body.
Occupational safety officials are investigating Chattanooga's Wrigley Manufacturing plant after a 34-year-old woman died there. Mandie Rachael Creel Chitwood died Monday, hours after she was seriously injured in an accident at the Wrigley plant on Sunday.
Burger King says it's attracting more customers with its new lower-calorie fries. The company saw sales trends in North America turn positive after last month's launch of "Satisfries," which have 20 percent fewer calories than its regular fries.
Members of the House and Senate will start formal negotiations on a wide-ranging farm bill this week. Some of the issues they will discuss include overall cost, food stamps, direct payments, crop insurance, price protection and dairy supports.
Wine-drinking in one of the world's biggest producers is hitting record lows, forcing many vintners to seek buyers abroad. Consumption is at its weakest since Italy was unified as a country. The most immediate cause has been the economic downturn.
A Houston-based frozen-food provider is shutting down a plant in central Pennsylvania that employs 160 people. Windsor Foods told employees at the Bloomsburg plant on Friday that it plans to shut down the plant in late February or early March.
Agricultural experts from Georgia have inked a deal with the West African country of Gabon to help develop its tiny farming sector — a partnership that could lead to lucrative deals for state producers. State officials say leaders who visited Gabon were asked for help in developing a food safety inspection program.
McDonald's said that it is cutting ties with Heinz after 40 years due to management changes there. A former Burger King CEO became head of Heinz in June after the company was bought by Warren Buffett's Berkshire Hathaway and 3G Capital.