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Food and Beverage Food Products

  • A butcher works at a public market on March 20, 2017 in Sao Paulo, Brazil.

    China lifted its import ban following a Brazilian investigation into health inspector corruption.

  • BRASILIA/ BEIJING, March 25- China lifted a ban on imports of meat from Brazil on Saturday after Brazilian authorities clarified details of a police investigation into alleged bribery of health inspectors, in a victory for President Michel Temer's efforts to stem damage from the probe. The move by China, the biggest national consumer of Brazilian meat, was...

  • MEXICO CITY, March 24- Mexico's top poultry producer Bachoco has begun the recall of some 1 million pounds of breaded products from its U.S. unit OK Foods that it said were possibly contaminated with metal, the company said in a statement on Friday. Bachoco said the recalled products were produced in its Oklahoma City factory and that it had not confirmed reports...

  • ZAGREB, March 24- Croatia's government is drawing up a law to protect the economy if a major company runs into trouble, Deputy Prime Minister Martina Dalic said on Friday. Agrokor, the largest food producer and retailer in the Balkans with revenues equivalent to 15 percent of Croatia's gross domestic product, is under pressure from investors and the government...

  • BRUSSELS, March 24- EU veterinary experts recommended reinforced checks on imports of meat from Brazil on Friday after an investigation began there into bribery of food inspectors. The European Commission said on Monday it would block meat shipments from processing plants under investigation and that all consignments from them en route to Europe would be...

  • Breaking into fresh-food isn't easy

    Campbell Soup is proving to be a cautionary tale for food companies moving into the fresh-food business.

  • OKLAHOMA CITY— An Oklahoma food company is recalling more than 466 tons of breaded chicken because of possible metal in the food. The U.S. Department of Agriculture said Friday that OK Food, Inc. is recalling 933,272 pounds of the food shipped nationwide that was produced between Dec. 19, 2016, and March 7, 2017, and includes the number "P-7092" inside the USDA...

  • ZAGREB, March 24- Croatia's government is drawing up a law to protect the economy if a major company runs into trouble, Deputy Prime Minister Martina Dalic said on Friday. Agrokor, the largest food producer and retailer in the Balkans with revenues equivalent to 15 percent of Croatia's gross domestic product, is under pressure from investors and the government...

  • ZAGREB, March 24- Croatia's government is considering drawing up a law to protect the economy from any problems arising at Agrokor, a major employer that is weighed down by heavy debts, a newspaper and a source close to the government said on Friday. Agrokor, the largest food producer and retailer in the Balkans with revenues equivalent to 15 percent of Croatia's...

  • BERLIN— Germany's iconic gummy bear will soon be "Made in USA.". Company head Hans Guido Riegel says "Haribo of America is the fastest growing confectionary company in the U.S.A., therefore the step of starting our own production there from 2020 is important for us." The $242 million factory near Kenosha is expected to create 400 jobs.

  • ZAGREB, March 24- Croatia's government has drafted a law to protect the economy from any problems arising at Agrokor, a major employer that is weighed down by heavy debts, a newspaper reported on Friday. Agrokor, the largest food producer and retailer in the Balkans with revenues equivalent to 15 percent of Croatia's gross domestic product, is under pressure from...

  • MEXICO CITY, March 23- Mexico's top pork producer, Granjas Carroll, said on Thursday it plans to double its sow count in the next four years as part of a $550 million expansion plan, as it eyes the risk of a crossborder trade spat with the United States. Once the expansion is complete, the company will annually produce some 2.8 million pigs, or about 140,000 tonnes of...

  • BRASILIA, March 23- The European Union has asked Brazil to voluntarily suspend all shipments of meat to its member countries to avoid imposing a ban that would take time to lift, but the Brazilian government has not agreed, EU diplomats in Brasilia told Reuters on Thursday. EU ambassadors have been seeking more information on the irregularities discovered in...

  • BRASILIA, March 23- The European Union has asked Brazil to voluntarily suspend all shipments of meat to its member countries to avoid imposing a ban that would take time to lift, but the Brazilian government has not agreed, EU diplomats in Brasilia told Reuters on Thursday. EU ambassadors have been seeking more information on the irregularities discovered in...

  • SAO PAULO, March 23- Brazil's JBS SA, the world's biggest meatpacking company, announced on Thursday that it had suspended beef production at 33 of its 36 plants amid the corruption scandal that has caused some of the country's biggest export markets to ban Brazilian meats. JBS and BRF SA, the world's largest poultry exporter, are among dozens of firms targeted in...

  • American palates are evolving

    A new report shows that consumers are craving a more robust diet packed with diverse foods.

  • Adj. profit of $0.48/ shr vs. est. *Forecasts FY adj. profit at high end or above $1.65- $1.70/ shr. The company, which makes Chef Boyardee pasta and Orville Redenbacher's popcorn, has been shifting focus to drive sales by adding more premium products to its brands while cutting back on discounting and increasing prices in some cases.

  • Dunkin Donuts is replacing a frozen fan favorite

    The coffee chain announced that it will be phasing out the coffee Coolatta and replacing it with the new Frozen Coffee beverage.

  • March 23- Conagra Brands Inc, the maker of Chef Boyardee pasta and Orville Redenbacher's popcorn, reported a better-than-expected quarterly profit on Thursday, as it cut down on unprofitable products and discounts. Net income attributable to the company fell to $179.7 million, or 41 cents per share, from $204.6 million, or 46 cents per share in the third quarter.