Agriculture Secretary Tom Vilsack will keep his job in President Obama's second term. USDA communications director Matt Paul said Monday that Obama asked Vilsack to stay in his post and Vilsack accepted. Vilsack is the former Democratic governor of Iowa.
Flowers Foods Inc.'s shares soared Monday on the bakery's plans to buy Hostess Brand Inc.'s bread business, including its iconic Wonder bread brand. Flowers announced late Friday that it had signed two asset purchase agreements with Hostess that made it the "stalking horse bidder" that sets the bar for the court-supervised auction of the company's bread business.
As an unusual cold spell gripped parts of the West for a fifth day, some California citrus growers reported damage to crops and an agriculture official said national prices on lettuce have started to rise because of lost produce in Arizona. The extreme chill in the West comes as the eastern U.S., from Atlanta to New York City, is seeing spring-like weather.
Coca-Cola said it will start airing a two-minute spot during the highest-rated shows on CNN, Fox News and MSNBC in hopes of flexing its marketing muscle in the debate over sodas and their impact on public health.
Pretzel maker Snyder's-Lance said Monday that it is promoting its president and COO Carl Lee to lead the company, as CEO David Singer plans to retire in May. Singer will step down after the snack food company's annual shareholder meeting on May 3.
The CEO of Maple Leaf Foods has been ordered to pay his ex-wife $175,000 a month in interim spousal support after an Ontario judge struck down parts of a marriage contract meant to keep the family's wealth within the bloodline. The case lays bare intimate details of the McCain's marriage and lavish lifestyle, as well as the inner workings of one of Canada's largest food empires.
New ads by Coca-Cola, the world's No. 1 beverage company, will address obesity. The two-minute ads will air during prime time on major networks and will coincide with the company's pledge to provide more diet options at soda fountains across the country.
Lamb Weston, the ConAgra-owned company that operates a sweet potato processing plant near Delhi, will have a new boss in February. ConAgra Foods has announced Greg Schlafer will join the company on Feb. 25 as president of its Lamb Weston frozen potato business.
The auction for the beleaguered Tully's Coffee chain concluded Friday in federal bankruptcy court, with a judge approving the sale to an ownership group led by actor Patrick Dempsey. Dempsey had claimed victory last week after bidding concluded, but a company that teamed up with Starbucks to make an offer for Tully's filed an objection.
The final report on the 2012 growing season showed farmers harvested 10.78 billion bushels of corn, less than three-fourths of what the agency predicted last spring. Corn was the crop hardest hit by the drought that settled in just as the plants were maturing.
Where does government's duty to protect its people end and an individual's right to choose begin? And when someone's choice impacts society, how far is too far? These questions are at the core of the national conversation over America's obesity epidemic, a private issue that's become more public as rates rise and stress our healthcare system.
A company that has purchased the closed Birds Eye plant in central New York plans to open a food-processing facility that will employ 183 people. The Post-Standard of Syracuse reports that the plant was purchased last week by a real estate holding company. New York is giving the company up to $1 million in Excelsior tax credits in exchange for a commitment to create 183 jobs.
Archer Daniels Midland has restarted operations at a corn processing plant in Illinois two days after an explosion forced the facility's closure. ADM spokeswoman Jackie Anderson said Friday that the company plans to be back at full production in Peoria by Saturday.
California's almond industry, which grows about 80 percent of the global almond supply and 100 percent of the domestic supply, has seen dramatic growth — powered by strong demand from new money-spending middle classes in India and China. The growth has prompted a rush for almond-growing land and pushed almond land values through the roof.
Hostess has found a new home for its most popular breads, including the iconic Wonder bread. The bankrupt maker of Twinkies, Devil Dogs and other snack cakes said late Friday that it selected bids by rival bakery Flower Foods Inc. to buy six of its bread brands for $390 million.
Coca-Cola became one of the world's most powerful brands by equating its soft drinks with happiness. Now it's taking to the airwaves for the first time to address a growing cloud over the industry: obesity. The company on Monday will begin airing a two-minute spot during the highest-rated shows on CNN, Fox News and MSNBC.
In 2011, for the first time ever, the value of the California almond crop surpassed the state’s iconic grape industry to move into second place, behind dairy — making almond producing land one of the highest priced and most sought-after in the region. The demand for almonds is driven largely by the newly-minted money-spending middle classes in China and India.
Ocean Beauty Seafoods LLC announced it has removed from sale several varieties of smoked salmon due to possible contamination by listeria. Listeria is a common organism found in nature. Consumption of food contaminated with Listeria monocytogenes can cause listeriosis, an uncommon but potentially fatal disease. Healthy people rarely contract listeriosis.
The U.S. Department of Agriculture is releasing its final crop report for 2012, providing a glimpse of what last year's drought cost the nation's farmers and others. The report covers a number of crops, but attention will likely focus on corn production.
The auction for beleaguered coffee company Tully's will likely conclude Friday in federal bankruptcy court, with an ownership group led by actor Patrick Dempsey in position to take over the chain. But Starbucks isn't' out of the running.