US egg firm Cal-Maine Foods' first-quarter net profits has more than tripled as sales climbed on higher average market prices for shell eggs. In the three months ended 1 September, earnings surged to US$9.4m from $3.1m last year, the firm ...
Tags: CalMaine Foods, net profits, sales, shell egg
While solar power,wind power and tidal power grab the daily headlines,a vastly different green energy technology is quietly making real progress across the globe. Anaerobic waste water digestion technologies respond not only to industry's ...
Tags: green energy, GWE, wastewater with high COD
US poultry producer Pilgrim's Pride has reported its third consecutive quarterly profit, with the bottom line boosted by restructuring initiatives. The company said its earnings rose to US$42.9m in the July-to-September quarter, ...
US poultry giant Sanderson Farms said today (28 August) it had cut production to offset the spike in feed costs it expects after this summer's severe drought in the country. Chairman and CEO Joe Sanderson Jr said the company had reduced ...
Tags: Sanderson Farms, feed costs, poultry giant, grain prices
US-based Santa Cruz Organic has introduced new flavors to its line of Santa Cruz Organic Fruit Spreads, just in time for the holiday season. The two new flavors include Mango and Concord Grape, which are an addition to the four existing ...
Tags: Santa Cruz Organic, new flavors, holiday season, food product
US-based food company Kellogg has introduced new versions of its breakfast cereals as well as a new cereal in the US, in order to take advantage of the momentum generated by other recent new breakfast products. The new products include ...
Tags: Kellogg, breakfast cereals, breakfast products, food industry
PepsiCo has renamed its Quaker Quakes snack line, which is now called Quaker Popped. The company said that the product is a "wholesome" lowr-fat snack solution, containing 10-13 grams of wholegrain per serving. The new name "better ...
Tags: PepsiCo, snack line, snack, snack solution
US own-label group Ralcorp Holdings, which today (27 November) agreed to a takeover bid from ConAgra Foods, returned to profit in its fiscal 2012 year, boosted by acquisitions made during the year. In the 12 months to the end of ...
Tags: Foods, Foods industry, profit, operating profit
Ralcorp Holdings has acquired Italian private-label frozen ready meals maker Gelit for an undisclosed sum. Gelit, based in Cisterna di Latina, employs around 130 staff and produces frozen ready meals for sale in the US and Italy. The ...
Tags: Ralcorp Holdings, frozen ready meals, food industry, company news
Much of the talk for manufacturers on the release of their first-half and second-quarter results last week was focused on weakness in Europe and the knock-on effect from the impact of the US drought on corn prices. Elsewhere, Haribo said it ...
Tags: corn prices, drought, Foods plant
The US government has again cut its forecast for corn yields as the impact of the worst drought in the country for 50 years becomes clearer. Washington said the US corn yield is set to be the lowest since 1995-96, sending futures to a ...
Tags: US government, corn yields, drought, food industry
Shares in Tyson Foods fell today (6 August) after the US meat giant lowered its forecast for annual sales and warned grain costs would weigh on profits in its next financial year. Tyson, which reported mixed third-quarter results today, ...
Tags: Tyson Foods, sahre, meat industry, grain cost, food industry
Dutch retailer Ahold has said it expects to see its margins recover in the Netherlands after conceding they were "weaker than expected" in the first half. Ahold this morning (22 August) booked an increase in first-half profits but its ...
Tags: Ahold, margins recover, profit, food industry
Commodities giant Archer Daniels Midland has said it is continuing to increase its investment outside the US in light of the country's drought pushing corn prices up. ADM COO Juan Luciano told analysts yesterday (31 July) the company has ...
Tags: Archer Daniels Midland, investment, corn price, food industry
Fourteen food industry heavyweights including Nestlé, Kellogg and Mars have pledged to use responsible advertising and marketing to children in Singapore. The Responsible Advertising to Children Pledge is the first of its kind in ...
Tags: Food giants, Food, food industry, food types