Weak export market dents Pilgrim’s profits
Strong headwinds in the poultry export market hit Pilgrim’s Pride’s annual profits, but a strategy to expand in the booming Mexican market validates its growth strategy, the company claims.
Archives for February 11, 2016
Tootsie Roll posts 2015 growth as Warren Buffet and potential suitors lurk
Tootsie Roll has grown net sales and earnings in the fourth quarter and full-year 2015, which one analysts says may intensify interest from Warren Buffet or Turkish firm Yildiz Holdings.
Summer feeding program for school children could become permanent if Obama gets his way
Recognizing the detrimental impact – and long-term costs to the US – of hunger on children’s health and education, President Obama proposes expanding and streamlining existing programs that help feed Americans in-need.
US awards $30m to improve food production
The US Department of Agriculture (USDA) will award grants of more than $30m to improve food safety, reduce antibiotic resistance and bolster plant resilience in the wake of climate change.
Study supports shelf stability of Sabinsa’s probiotic for functional foods
Sabinsa’s Bacillus coagulans MTCC 5856 is shelf stable during processing and storage of functional foods, says a new study from the company.
Obama’s budget proposal attempts to fill FSMA funding gap, but likely falls short, industry claims
President Obama’s fiscal budget proposal significantly bolsters funding for food safety, but industry stakeholders doubt it is enough to ensure the Administration’s desired legacy.
Avocado Oil and 'Chia Bites' by Chosen Foods get REAL certification
Modeled after the coveted architectural LEED certification, being REAL certified tells buyers that manufacturers have gone “above and beyond” to produce a responsible, healthy product.
Grow the core and add more: PepsiCo reports Frito-Lay profit up 6%
Frito-Lay has benefited from improved productivity and lower commodity costs in the past 12 months, PepsiCo has reported in its full-year results.
Looking ahead: Coca-Cola’s refranchising plans, new product development & higher value drinks
The Coca-Cola Company released its full year 2015 results this week. Euromonitor International picks out key points from the results, and what they mean in the long term.
Low cal sports nutrition products are big stevia opportunity, Cargill says
The exploding sports nutrition market offers significant opportunity for alternative sweeteners taking stevia and erythritol beyond their applications as food ingredients, said Cargill experts.
Study: Dried plums consumption benefits bone health
Calcium and vitamin D are often credited as the nutrients to go to for bone strength, but according to the National Osteoporosis Foundation, it takes far more than just that.