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Larger food companies may increase acquisitions of smaller organic producers in the wake of Kraft Foods Group and H.J. Heinz Co.'s merger, according to analysts. The two companies could be busy dealing with the merger for the next one to two years ... Read More
According to a Food Institute analysis of the USDA Cold Storage monthly report, frozen vegetables and fruits both saw declines for February. For frozen vegetables, cold storage declined 2% to 2.0 billion-lbs. overall with potatoes flat at 1.1 bill ... Read More
As the decline of orange juice production and sales continues, Florida farmers are contemplating an advertising campaign that would downplay the state's prominent production role.
The USDA recently reduced the estimate of this season's ora ... Read More
While consumer tastes seem to be shifting away from soda and toward healthier beverages, Coca-Cola Co.'s CEO Muhtar Kent believes the company's best course of action is simply selling more cola. The company's plans include earmarking an additional ... Read More
Consumers around the world are looking for natural food products with a simple ingredient list, and that trend has impacted China's instant noodle market. Retailers and manufacturers of the product have been battling consumer concerns over th ... Read More
Technology has had a profound effect on the way we transact business, from automating inventory to connecting buyers and sellers around the world. Technology permeates the business world, from simple phone calls to massive databases. And now, tech ... Read More
As the U.S. becomes more multicultural, the tastes and buying habits of younger consumers are reflecting growing ethnic populations. Multicultural consumer purchasing power reached $3.4 trillion in 2014, and has been growing at more than doub ... Read More
Produce for Better Health Foundation recently released its State of the Plate 2015 report which noted a 7% decrease in per-capita consumption of fruit and vegetables over the last five years, fueled by a 14% decrease in fruit juice consum ... Read More
While a record 15.0 million tons of tomatoes are estimated to be harvested in California this coming year by the USDA, a couple of red flags have appeared to cast doubt if the number will be hit.
The state's drought is entering is fourth c ... Read More
Convenience store operators are focusing more on food offerings, especially healthy, grab-and-go items. The demand for fresh produce continues to rise at convenience stores, according to The National Association of Convenience Stores' ( ... Read More
It seems all varieties of food and drink are entering the "craft" marketplace, and Mountain Dew is no exception. The company will release Mtn Dew DEWShine on Mar. 23, marking the brand's first foray into the craft soda market. The brand, which is ... Read More
Disposable coffee cups may be the norm with takeout coffee, but that could be changing. Despite the introduction of reusable cups into the marketplace, most people still throw out their beverage containers when they are done with their coffee. Whe ... Read More
Import and exports of canned beans showed strong increases in the first month of 2015 despite overall volume and dollar values being mixed.
January imports for shelled beans increased 5% in volume to about 7.3 million-lbs. with a 15% incre ... Read More
The Food Institute recorded 170 mergers and acquisitions by foreign companies in 2014, a 277% increase from 2013, in which only 45 foreign deals were counted. Almost 20% of the deals were by Canadian companies, including two by Gay Lea Foods Coope ... Read More
After losing ground to the Greek yogurt market General Mills' Yoplait brand is once again growing, boosted by a reformulation that reduced sugar content by 25% in combination with a new marketing campaign. The result was ... Read More
Even though the use of newspaper circulars is decreasing, they remain important for attracting customers. When Walmart shifted its marketing funds over to digital advertisements in several markets, reducing spending on newspaper circulars, traffic ... Read More
Del Monte Foods Inc. completed the acquisition of the assets of Sager Creek Vegetable Company for $75 million. Sager Creek acquired Allens Inc. after it went bankrupt in 2014, and manufactures brands such as Veg-all, Freshlike, Popeye, Princella T ... Read More
Final results from the Bureau of Census’ Aquaculture recorded an overall increase of selected fish and shellfish products imports while exports declined for 2014. Imports overall increased 7% in volume and 19% in dollar for 2014. About 2.64 ... Read More
McDonald's decision to remove human antibiotics from its U.S. chicken supply will be costly, and analysts believe that price will be passed on to suppliers, not franchisees or consumers. Suppliers, including Tyson Foods Inc., have two years to mak ... Read More
The demand for organic, locally-sourced, all-natural food is growing and growing. Gone are the days of infinite shelf-life and preservatives; instead, consumers today are looking for the freshest produce, meats, dairy and grains. Although the tren ... Read More
The attempt to reduce the use of antibiotics on animals is growing, as concerns grow over the possibility of superbugs that are resistant to medicine used on both humans and livestock. Just this week, McDonald's announced plans to source only anti ... Read More
Blueberries saw a 9% increase in cold storage as of Jan. 31 when compared year-over-year. In 2014, 172.7 million-lbs. of blueberries were held in cold storage. In 2015, the number rose to 187.5 million-lbs. held in cold storage. Cultivated 30-lb. ... Read More
Six frozen vegetable commodities in cold storage decreased more than 10% from the preliminary movement announcement for December. The overall change for cold storage stocks of frozen vegetables was down 9% to 2.4 billion-lbs.
Green peas ha ... Read More
Beef, chicken and pork jerky represents a $2.5 billion industry in the U.S., but it was only a few years ago that entrepreneurs began tapping into the bustling market. The jerky market has been traditionally controlled by only a few companies (lik ... Read More
Dealing with falling consumer interest, Target plans to reignite the spark with a makeover for its grocery department. The offer more organic and natural products, making up for ground lost after it focused too heavily prices and in expanding its ... Read More
On Feb. 23, USDA purchased 11 types of canned vegetable products for federal food assistance programs worth about $6.3 million. There was a total of 553,840 cases purchased that included 194,400 24/300 cases of meatless spaghetti sauce; 122,400 24 ... Read More