Emerging markets are adding spice to McCormick & Co.'s business. Increasing consumer demand in China, along with recent deals in India and Poland, helped the lifted spices, seasonings and condiments maker's third-quarter profit 13 percent, despite higher costs.
Seed farmers fear canola would cross-pollinate with their plants, destroying the value of the pure seeds they produce. They're joined in their fight by organic-food lovers, small-farm advocates and opponents of genetically modified crops.
Heineken NV is spending another €3.2 billion ($4.0 billion) to gain control over the Tiger beer brand as part of a strategy to significantly expand its operations in Asia. Shareholders of Singapore-based conglomerate Fraser & Neave agreed Friday to sell their 39.7 percent stake in Asian Pacific Breweries, the owner of Tiger and other popular Asian brands, to Heineken.
The U.S. Department of Agriculture has extended its public health alert about beef from an Alberta plant to stores in 30 states, including retail giant Walmart. The alert means XL Foods Inc. is voluntarily recalling beef products from these stores over concerns about possible E. coli contamination.
In this Feb. 1, 2012 photo, a machine crushes canola and soy to make biofuel and/or food grade canola oil Willamette Biomass Processors plant in Rickreall, Ore. Some farmers want to grow more canola because it's a profitable alternative to grass seed and wheat. But other farmers who grow specialty vegetable seeds worry about contamination from canola.
The question of the moment at 700 pioneering McDonald's restaurants: You want TV with those fries? Not just any television, but the custom-made M Channel, formulated and tested with the same attention to detail that made Big Macs and Chicken McNuggets cultural icons.
Private-label food producer Ralcorp is considering selling its remaining stake in its Post cereal business. Ralcorp Holdings Inc. completed a spinoff of Post Holdings Inc. earlier this year so that it could focus on its private-label foods business. Ralcorp has since acquired a string of smaller companies in an effort to build that core business.
The nation's worst drought in decades consumed a larger portion of the lower 48 states last week with the Midwest corn harvest in full swing, according to the latest update by a drought-tracking consortium released Thursday. The U.S. Drought Monitor's new map shows 65.5 percent of the contiguous U.S. experiencing some form of drought as of Tuesday, creeping up from 64.8 percent a week earlier.
The Czech prime minister says his government will ease a ban on the sales of spirits that was adopted because of methanol poisoning that has killed 26 people. Petr Necas says hard liquor that was produced before Jan. 1 is considered safe and can be sold again starting Thursday.
In the report, titled "The Industrialization of China's Pork Supply Chain," Rabobank's Food & Agribusiness Research and Advisory group says that if current trends in China's pork production and industrialization continue, corn imports could approach 20 million tonnes per year within a five-year time frame.
Nonfat cheese that tastes like plastic. Low-calorie soda that leaves a bitter aftertaste. Sugar-free brownies that crumble like Styrofoam. Dieters have learned an important lesson: When you take the fat and calories out of your favorite treats, you sometimes have to say goodbye to the taste too.
Dean Foods Co. said Wednesday that it is considering a possible sale of its Morningstar dairy business, which sent its shares soaring. The Dallas-based company has not identified a buyer, but said in a statement that the Morningstar would be an attractive acquisition, given its niche in a growing market and solid management team.
Dunkin' Donuts says it will start using cage-free eggs in its breakfast sandwiches and eliminate "gestation crates" from its pork supply chain. The Canton, Mass.-based company said Wednesday that it will transition 5 percent of its eggs to cage-free by the end of next year; it did not set a timeline for completing the switch.
Cuba's signature industry is showing signs of life two years after the worst harvest in more than a century. Hulking processing plants are coming back online and production is rising, a boon to rural towns like Jaronu where producing sugar has been a way of life for generations.
The Canadian Food Inspection Agency is warning people not to eat a brand of beef steak sold in an Edmonton store because it may be contaminated with potentially dangerous E. coli. The agency says several people have become sick after eating Kirkland brand strip loin grilling steaks sold at Costco.
Campbell Soup plans to close two U.S. plants, eliminating more than 700 jobs, as it looks to trim costs and become more competitive. The soup maker said Thursday that it will close a plant in Sacramento, Calif., that has about 700 full-time workers. It also plans to shutter a spice plant in South Plainfield, N.J., that has 27 employees.
The Brasil sugar plant in Jaronu, Cuba, launched in 1921, is getting a makeover and is expected to be ready in time for the upcoming annual harvest and start milling cane by February. Hulking processing plants are coming back online and production is rising, a boon to rural towns like Jaronu where producing sugar has been a way of life for generations.
Milk production continues to improve in Wisconsin and Minnesota, where dairy farmers had a stronger August this year than they did last year. Wisconsin dairy farmers harvested 2.3 billion pounds of milk last month. That was 5 percent better than in August of last year.
The U.S. Equal Employment Opportunity Commission has filed a lawsuit on behalf of black employees of a national food distribution company, alleging that supervisors condoned discrimination by allowing racist graffiti at an Iowa warehouse.
This year's wine grape crop from upstate New York is high in quality with a bit less quantity. Growers say the warm early spring followed by a cold spell and a dry summer took a toll on the overall yield, but that the grapes that made it through are in good shape.