ST. LOUIS (AP) — Ralcorp Holdings Inc.'s board has approved the planned spinoff of its Post cereals business, the food maker said Tuesday. Post makes cereals brands including Honey Bunches of Oats, Grape Nuts and Post Raisin Bran. Ralcorp, which makes a variety of store-brand foods, announced the planned spinoff in July.
NORTHFIELD, Ill. (AP) — Kraft Foods Inc. says it will cut 1,600 positions in North America this year as it prepares to split its business in two. The Northfield, Ill.-based food company said Tuesday that it plans to eliminate the positions throughout the U.S. and Canada primarily from sales, corporate and other business units.
BUENOS AIRES, Argentina (AP) — Argentina's tax agency has raided a Monsanto Co. contractor and found what it calls slave-like conditions among workers in its cornfields. The AFIP tax agency says Rural Power SA hired all its farmhands illegally, prevented them from leaving the fields and withheld their salaries.
MOORHEAD, Minn. (AP) — American Crystal Sugar Co. on Monday rejected a proposal to end the cooperative's six-month lockout of its factory workers in three states, calling it a "publicity stunt" by the leadership of the union that represents them. Separately, the Moorhead, Minn.-based sugar beet processing cooperative reported that its first-quarter profits fell 28 percent, to $186.
PURCHASE, N.Y. and LAKEVILLE, Mass. (PRNewswire) — PepsiCo and Ocean Spray Cranberries, Inc. today announced they have formed a strategic alliance in Latin America. As part of the alliance, PepsiCo will have exclusive rights to manufacture and distribute a portfolio of cranberry- and blueberry-based beverages through its Latin America Beverages division.
Shares of poultry producers rose sharply Thursday as corn prices plunged. Corn is one of the most expensive ingredients for chicken feed, and one of the biggest costs of production for companies like Tyson Foods Inc. Poultry producers have been squeezed in recent years by rising corn prices.
LITTLE ROCK, Ark. (AP) — A Chicago snack food supplier has completed acquisition of an Arkansas ice cream maker and plans to make its products available to retailers across the state. In a statement released Monday, Schulze & Burch Biscuit Co. said its management will meet with retailers to present the Yarnell's Ice Cream Co.
POCATELLO, Idaho (AP) — Eastern Idaho leaders say they're still working to find a new purpose for the J.R. Simplot potato processing plant in Aberdeen. The Simplot company announced last fall that it would close the plant in 2014, eliminating about 290 jobs. Former Pocatello Mayor Roger Chase told the Idaho State Journal that the importance of the plant to the town of less than 2,000 people can't be overstated.
WASHINGTON (AP) — Coca-Cola Co. acknowledged Thursday it was the company that alerted federal regulators about low levels of fungicide in its own orange juice and in competitors' juice, prompting juice prices to rise and increased government testing for the residue. The Food and Drug Administration and the Environmental Protection Agency have said orange juice is safe to drink and the levels found are below levels of concern.
(AP) — Lined up are some of the last bottles Dr Pepper produced in Dublin, Texas, Thursday, Jan. 12, 2012. Under an agreement, the Dublin Dr Pepper bottler will end production of the drink that Jeff Kloster's family has been bottling for more than a century. Dr Pepper Snapple Group Inc.
PHILADELPHIA, Pa. (PRNewswire) — College students returning to campus from winter break won't have to go far to find their favorite home cooked meals served with a side of culinary creativity. Hundreds of colleges and universities across the country will offer new menus from ARAMARK featuring international flavors and more seafood, vegan and vegetarian entrees.
BENICIA, Calif. (Ralphs-Pugh) — The Ralphs-Pugh Company is celebrating its 100th year in business. The company was founded in San Francisco, Calif., in 1912 by William J. Pugh as a distributor of rubber goods and products focusing on agriculture and food processing. Two years later, Pugh and his father-in-law, Isaac Ralphs formed a partnership and began manufacturing custom conveyor belts and belt slitting machines.
WASHINGTON, D.C. (NCBA) – National Cattlemen’s Beef Association President Bill Donald issued the following statement regarding alleged animal rights extremist attacks on Harris Ranch, located in Coalinga, Calif. While law enforcement has not confirmed who was responsible for the attacks, the North American Animal Liberation Press Office, publicly released information on Jan.
HARTFORD, Conn. (AP) — Gov. Dannel P. Malloy plans to ask state lawmakers to expand the hours of alcohol sales in Connecticut, including Sunday sales at liquor and grocery stores. Malloy has called a Saturday news conference in Enfield to outline his plan, which will include allowing liquor stores to open on Sunday.
WASHINGTON, D.C. (USDA) — RSW Distributors, LLC, a Forest City, N.C., establishment is recalling approximately 3,104 pounds of seasoned diced beef products that may contain foreign materials, the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) announced today. The products subject to recall include: Cases containing 4 (four) 8-lb.
OTTAWA — The Conservative government's plan to slash spending on food safety could put Canadians at risk of another crisis like the deadly listeriosis outbreak, says the federal meat inspectors' union. The Canadian Food Inspection Agency's latest spending plan proposes deep budget cuts, and the union says the food-safety program will be hit the hardest.
RICHMOND, Va. (AP) — Virginians bought more alcohol in the state's beverage control stores and restaurants as the state agency saw a record profit in the last fiscal year. The Virginia Department of Alcoholic Beverage Control said the agency has seen retail sales increase to record levels consecutively for the past 13 years, even as discussions continue about privatizing the state's liquor stores.
It's been a bungee-jumping kind of week for orange juice futures. Orange juice for March delivery rose 3.6 percent Friday to close at $1.846 per pound on expectations that Mexico's orange crop may have been damaged by drought. During the wild week, the price jumped to the highest level in nearly five years Tuesday, then fell 11 percent over Wednesday and Thursday.
NEW YORK (AP) — Which food revelation was more shocking this week? Did it blow you away that low levels of a fungicide that isn't approved in the U.S. were discovered in some orange juice sold here? Yawn. Or was it the news that Brazil, where the fungicide-laced juice originated, produces a good portion of the orange pulpy stuff we drink? Gasp! While the former may have sent prices for orange juice for delivery in March down 5.
DUBLIN, Texas (AP) — Dublin didn't invent Dr Pepper, but no other place has embraced the soft drink quite like it has. A dozen or so signs and murals around town tout the virtues of the local version of the drink, Dublin Dr Pepper, which was first bottled in Dublin in 1891, six years after it debuted in Waco.