Tag: Water

UPDATE: Historic Drought Taking Toll on Western Farmers

The historic drought in the U.S. West is hitting California’s top agricultural export especially hard. The state’s $6 billion almond industry produces approximately 80% of the world’s almonds, but more and more growers are expected …

Update: Major Food Companies Ramping up ESG Efforts

With ESG topics becoming increasingly important to consumers, food companies are noticeably increasing their efforts. Below are a few recent examples of new ESG initiatives in the industry. MCCORMICK ADVANCES SUSTAINABILITY STANDARD McCormick & Company …

Wild, Wild West: Why Water Theft is Now Rampant in California

As an unrelenting drought torments California’s farmers, many of them are now dealing with an additional concern: water theft. With water increasingly scarce in California in recent months, thieves have stolen several millions of gallons …

Report: Coconut Water Market on Verge of Uptick

Touted as “nature’s sports drink”, coconut water rose to popularity about 10 years ago and has now become a staple in grocery stores and households. Vita Coco, widely viewed as the leading coconut water brand, …

Worsening Drought Envelopes Much of Western U.S.

Dangerous heat waves in much of the western U.S. could soon break all-time temperature records. And, those temperatures are worsening drought conditions that were already plenty worrisome. The latest drought monitor released June 10 categorizes a …

Drought Update: West Coast, Midwest Water Supplies Dwindle

Editor’s Note: This is an update to The Food Institute’s April article “Is the U.S. Facing a Megadrought?” Central Valley Farmers to Get No Allocation Farmers in California’s Central Valley Project will get none of …

Nestlé & Coca-Cola Refresh Beverage Portfolios

An insider says Nestlé SA will sell some of its American water brands, which include Pure Life, Poland Spring, and Deer Park, reported Reuters (Oct. 15). The brands being sold, which also include Deer Park, …

First-Ever Water Futures Will Hedge Price Risk

CME Group Inc. and Nasdaq Inc. are planning to launch a futures contract later this year that will allow farmers, speculators, and others to wager on the price of water, reported The Wall Street Journal …

Reshaping Nestle’s Portfolio

Nestlé has recently been strategically updating its portfolio with new deals and acquisitions, as well as new areas of focus. In early June, the company revealed it was selling the North American business of its …