Shares of Malaysian palm oil giant Felda soared as much as 20 percent in their first day of trading Thursday, overcoming weakness in global stock markets after the company completed the world's biggest IPO this year after Facebook.
Hillshire Brands Co. is set make its debut as a public company Friday after spinning off from Sara Lee Corp., and speculation about it being an acquisition target is already under way.
A state board on Wednesday approved a compromise plan to raise the fee for brand inspections that are designed to prevent theft of cattle and horses in western South Dakota.
West Virginia is scheduled to shave another percentage point off the sales tax on groceries July 1. This latest cut will reduce the so-called food tax to one penny per dollar spent.
Ontario's Conestoga College Institute of Food Processing Technology (IFPT) features a "de-panning cupcakes" machine that was developed by students working with an Ontario food company.
A mild winter spurred farmers to sow crops earlier and in larger numbers, allowing seed company Monsanto Co. to reap a 35-percent higher profit in its fiscal third quarter.
A cattle ranch is teaming up with an investment organization funded by eBay Inc. founder Pierre Omidyar to research large-scale grass-fed beef production on the Big Island.
A group of Martha's Vineyard fishermen on Tuesday dropped a lawsuit aimed at derailing the planned Cape Wind offshore wind farm, saying they will instead work with the developers on ways to co-exist.
Drought-stricken cattle ranchers in Wyoming are looking to surrounding states for grazing land, and their best bet might be North Dakota, where farmers this year have been luckier than their neighbors.
The food maker's brands which include Cheerios and Hamburger Helper remain some of the most popular. But like most of its peers, the company has struggled with higher costs for everything from ingredients to labor and been forced to raise prices to offset them.
According to the most recent NMI Health and Wellness Study, Generation Yers believe in the benefits of, and are willing to pay a premium for, functional foods. The study also indicates that most consumers are using functional foods, with Gen Y reporting greater increased usage compared to the total.
Cabot Creamery Cooperative, maker of cheese, butter and other dairy products, is phasing out labels with the state on the logo. A green outline of the state is being dropped in favor of a green barn and the words "Owned by our Farm Families in New York & New England."
McCormick & Co. said Wednesday that its second-quarter net income rose 9 percent, buoyed in part by higher prices, strength in emerging markets and acquisitions.
A U.N. agency has warned that a livestock epidemic in Congo that has killed more than 75,000 goats is the worst in a decade and is now threatening goats and sheep in neighboring countries.
One old logo has "Cabot" stamped over a green outline of the state, with the word "Vermont" next to it. Another just has the shape of Vermont under the word "Cabot." The new one has a green barn and the words "Owned by our Farm Families in New York & New England."
North Korea dispatched soldiers to pour buckets of water on parched fields and South Korean officials scrambled to save a rare mollusk threatened by the heat as the worst dry spell in a century gripped the Korean Peninsula.
"Companies are realizing that women comprise a very heavy percentage of the cocktail-drinking community and I believe they are starting to speak more directly to women without the fear that they're going to alienate the male base," says Allison Evanow, one of the relatively few female executives in the spirits industry as founder and CEO of Square One Organic Spirits in San Francisco.
Healthy Choice Island Blends, Inc. of Los Angeles, CA, is recalling all sizes of LIQUID GOLD CARROT JUICE including 128oz, 64oz, 32oz, and 16 oz, because it has the potential to be contaminated with Clostridium botulinum, which can cause botulism, a serious and potentially fatal foodborne illness.
The Conference Board said Tuesday that its Consumer Confidence Index is at 62. That's down from the 64.4 reading in May and the 63.2 analysts were expecting. The index remains well below the 90 reading that indicates a healthy economy — a level it hasn't been near since the recession began in December 2007.
The fast-food giant, a top Olympics sponsor with exclusive rights to sell branded food products inside the venue, said Monday its two-story restaurant at the games will be its biggest and busiest in the world, seating 1,500 diners and serving up to 14,000 people a day.