Coca-Cola sold more drinks in the first quarter, but it wasn't because of soda. The world's biggest beverage maker said Tuesday that its global volume for soda fell for first time in at least a decade. The drop was offset by stronger sales of non-carbonated drinks.
Lower U.S. gasoline prices kept consumer inflation in check last month, helping to offset higher...
Nestle SA says sales rose 4.2 percent in the first quarter compared with a year ago despite...
Jacob Prak, CEO of Michigan Manufacturing International (MMI), provided an overview of manufacturing trends for the coming twelve months. Prak said companies well aware of the changing situations and flexible enough to adapt will be in the best position to grow and succeed.
China's WH Group, which became the world's biggest pork company after purchasing U.S.-based Smithfield Foods last year, said Monday that it plans to raise up to $5.3 billion in an initial public offering on the Hong Kong Stock Exchange.
A dwindling number of cattle and growing export demand from countries such as China and Japan have caused the average retail cost of fresh beef to climb to $5.28 a pound in February, up almost a quarter from January and the highest price since 1987.
Burger chains have reached maturity, as limited-service burger segment sales contracted in 2013, according to Technomic. Although burger chains tallied U.S. sales of more than $72 million, they recorded nominal growth of only 1.2 percent.
Heartland Food Products Group, which makes drink mixes and sweeteners, is planning a $21 million project to add production and distribution facilities in Indianapolis. The company anticipates adding up to 160 jobs in the next few years with the expansion.
Nevada's food and agricultural exports reached a milestone last year, exceeding 2012 sales by more than $19 million. The Nevada Department of Agriculture says export sales hit $137 million in 2013, an increase of 17 percent from the year before.
The prices companies receive for their goods and services jumped in March, led by gains for food, clothing, jewelry and chemicals. The producer price index, which measures price changes before they reach the consumer, rose 0.5 percent last month.
With frozen food sales slipping, the industry is preparing a public relations campaign to defend the nutritional reputation of its products. The push will include what are said to be the first national TV ads on behalf of the entire industry, as well as social media and in-store promotions.
The global beef industry is experiencing strong demand led by the Chinese market, according to Rabobank. Beef market fundamentals remain positive, with prices driven up across the globe by firm demand and a tightening supply due to drought and extreme weather.
Reshoring manufacturing is a growing trend in the U.S. After many years of offshoring, companies are taking an in-depth look at the benefits of manufacturing closer to their customer base, leading many companies to consider reshoring production to the U.S.
Wal-Mart has joined Wild Oats to sell a new line of organic foods that is at least 25 percent cheaper than the national organic brands it carries. The retailer is unveiling nearly 100 pantry items under the Wild Oats label over the next several months.
If private households and the retail sector in the EU reduce food waste by 40 percent in 2020, this will result in savings that can be used on other items, increasing public welfare, according to a study charged by the European Commission.
This year's Florida orange crop is approaching the fruit's lowest harvest in decades, and experts say a deadly bacteria that's infecting the trees is to blame. The USDA's 2013-2014 orange forecast is 110 million boxes, down 18 percent from last season's final production figure.
New York's alcoholic beverage industry was on display at a summit Tuesday organized by Gov. Andrew Cuomo to focus on bolstering the business. New York is home to more than 600 wineries, breweries, distilleries and cideries and ranks third in the nation in wine and grape production.
Matzo and kosher wine maker Manischewitz has been sold, just in time for the Passover Seder meal. Sankaty Advisors, an arm of private equity firm Bain Capital, bought the company from a group including investment firm Harbinger. The price was not disclosed.
Procter & Gamble is shifting away from the edible business so it can focus on its core brands like Tide detergent and Pampers diapers. The world's biggest consumer products maker is selling 80 percent of its pet food business to Mars for $2.9 billion.
More and more consumers are shopping for nut-based and sweet spreads, according to Mintel. New research indicates that, despite very high household penetration rates, there is still room for growth in this multi-billion dollar category.
Shares of Dr Pepper Snapple Group Inc. declined Tuesday as an analyst lowered her rating on the beverage company, saying she believes it is overexposed to the U.S. carbonated soft drink category. Dr Pepper Snapple has been dealing with Americans cutting back on soda.
The porcine epidemic diarrhea virus, never before seen in the U.S., has killed millions of baby pigs in less than a year. With little known about how the virus spreads or how to stop it, it's threatening pork production and pushing up prices by 10 percent or more.
Two former officials with one of the nation's leading tomato processing companies were sentenced in a federal price-fixing case. Randall Rahal was sentenced to three years in prison. Prosecutors say the former SK Foods broker bribed buyers at food giants like Kraft Foods, Safeway Inc. and Frito-Lay.
Sam Adams' Brewing The American Dream initiative provides loans and advice to small businesses. Sam Adams Co-founder and Chairman Jim Kock discusses the program, the company's fundraising efforts and the surging popularity of craft beer.
Cargill said Tuesday its net income dropped 28 percent in the fiscal third quarter because of increased electricity prices and other problems. The Minneapolis company said its net income fell to $319 million and revenue held steady at $32 billion.
Airline passengers might notice something missing these days from their vodka tonics or Diet Cokes: the lime. A recent shortage and spike in price has caused some airlines to temporarily stop offering the fruit in their beverage service.
King's Hawaiian Bread plans to expand its production facilities in northeast Georgia. The bakery opened its local production line in the Oakwood community in 2010 as part of its East Coast operations designed to meet growing customer demand.
The USDA has allocated $48.1 million provided by the new farm bill to projects across the country that will help to prevent the introduction or spread of plant pests and diseases that threaten America's agriculture economy and the environment.
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