Where Food Comes From acquires certification program for upcycled foods 12.27.2023 By Keith Nunes Verification services owned by WFCF include IMI Global, Postelsia, SureHarvest, Validus and WFCF Organic. Read More
Trident Seafoods to lay off 10% of office employees 12.14.2023 By Keith Nunes As part of its restructuring plan, the company is also divesting some of its processing plants in Alaska.Read More
Hormel fiscal 2024 outlook causes drop in shares 12.01.2023 By Keith Nunes After opening the day on Nov. 29 at $31.55 per share, the stock price fell nearly 4.5% to close the day at $30.46 per share. Read More
Food industry data points to more normalcy in 2024 11.28.2023 By Keith Nunes Yet “normal” should not be construed as beneficial to all; rather, it may signal a higher degree of market predictability.Read More
Tyson shares more details on 2023 performance 11.16.2023 By Keith Nunes “Controlling the controllables” was a phrase used often during Tyson Foods Inc.’s most recent conference call with securities analysts. Read More
Beyond Meat to reduce non-production workforce by 19% 11.07.2023 By Keith Nunes The company revised its full-year outlook and said it was reviewing operations.Read More
Food industry responds to California ban of four ingredients 10.23.2023 By Keith Nunes The state legislation will ban the use of Red No. 3, brominated vegetable oil, potassium bromate and propylparaben after Jan. 1, 2027. Read More
Blue Apron acquired by Wonder Group for $103 million 10.02.2023 By Keith Nunes With the acquisition, Wonder is expected to use Blue Apron as a platform to build out its online delivery service. Read More
Smucker set to acquire Hostess Brands 09.12.2023 By Keith Nunes The J.M. Smucker Co. is acquiring Hostess Brands, Inc., Lenexa, Kan., for approximately $5.6 billion.Read More
Hormel Foods' Q3 results hurt by pork, turkey segments 09.01.2023 By Keith Nunes The company learned during its most recent quarter that even the most diverse portfolio can’t overcome weakness in multiple categories. Read More