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Food and Beverage Food Products

  • CHICAGO, Feb 1- Bacon lovers beware: U.S. prices for the greasy salty meat are set to jump in the coming months due to dwindling supplies. In January, prices climbed 56 cents- the largest monthly spike in at least four years, according to U.S. Department of Agriculture data. Bacon eaters will likely see the higher prices in about three months, said David Maloni, president...

  • Five month old-pigs, nearing their desired market weight, stand in a weaning-to-market barn at Lehmann Brothers Farms LLC in Strawn, Illinois.

    Maybe we can thank bacon ice cream sundaes for the surge in frozen pork belly demand, NBC News reports.

  • *Brazil harvest progress and drier Argentina curb soybeans. *Worsening U.S.- Mexico relations adds to hesitant mood. PARIS/ SINGAPORE, Feb 1- Chicago soybean futures edged lower on Wednesday, giving up the previous session's gains, as record Brazilian production and improving weather in Argentina boosted world supply prospects.

  • SINGAPORE, Feb 1- Chicago soybean futures edged lower on Wednesday, giving up the previous session's gains as record Brazilian production and improving weather in Argentina boosted world supply prospects. Worries about flooding in Argentina's soy belt lifted soybean futures to a six-month high on Jan. 18, but values have since retreated.

  • CHICAGO, Jan 31- U.S. food producers and shippers are trying to speed up exports to Mexico and line up alternative markets as concerns rise that this lucrative business could be at risk if clashes over trade and immigration between the Trump administration and Mexico City escalate. Some U.S. producers of corn, soybean meal and distillers dried grains, an ethanol...

  • Jan 30- Billionaire investor William Ackman's Pershing Square Capital Management has raised its stake in snack maker Mondelez to 6.4 percent. The hedge fund previously had a 5.6 percent stake in the maker of Oreo cookies, Trident gum and Milka chocolate. Ackman revealed in 2015 that Pershing Square had built a stake worth about $5.5 billion in Mondelez, in what...

  • Online grocery sales to hold 20% of market by 2025

    A report from Food Marketing Institute and Nielsen shows American consumers could spend $100-billion on food-at-home items by 2025.

  • A day after the White House suggested that the United States could impose a 20 percent tax on goods from Mexico, shares of Wal-Mart Stores and Kroger Co fell more than 1 percent, while Whole Foods Market dropped 2.8 percent. Trump on Friday repeated statements that Mexico, a major exporter of vegetables, fruits and beer, has taken advantage of the United States.

  • SAN FRANCISCO, Jan 27- Shares of U.S. supermarket operators fell on Friday as President Donald Trump kept up his criticism of Mexico, which is a major supplier of produce and other foods for U.S. consumers. A day after the White House suggested that the United States could impose a 20 percent tax on goods from Mexico, shares of Wal-Mart Stores and Kroger Co fell more...

  • SAN FRANCISCO, Jan 27- Shares of U.S. supermarket operators fell on Friday as President Donald Trump kept up his criticism of Mexico, which is a major supplier of produce and other foods for U.S. consumers. A day after the White House suggested that the United States could impose a 20 percent tax on goods from Mexico, shares of both Wal-Mart Stores and Kroger Co fell...

  • *Kernel $500 mln deal ends Ukraine issuance drought. *Ukraine hit by secessionist war, sluggish economy. LONDON/ KIEV, Jan 27- Sunflower oil producer Kernel ended Ukraine's corporate bond issuance drought this week with a $500 million deal.

  • DNA & diet

    Habit Founder Neil Grimmer launched the company after testing his own DNA. He explains how it works, how much it costs, and why nutrition is not “one size fits all.”

  • Food for football

    Plated, the subscription-based meal kit company has some easy to create recipes that go beyond chips and dip to make your Super Bowl party a big hit. With Elena Karp, Plated head chef and Culinary co-founder.

  • Oprah and Kraft Heinz to cook up healthy ready-to-eat foods

    Media mogul Oprah Winfrey is joining forces with Kraft Heinz to develop a new line of healthy food products.

  • A farmer drives a combine while harvesting soybeans on a farm in Fairfield County, Ohio.

    "You don't want to irritate one of your largest buyers," says one economist in Missouri, "and that's got everybody on edge right now."

  • Oprah Winfrey

    Kraft Heinz and Oprah Winfrey said they would form a joint venture to develop a new line of food products in the United States.

  • Jan 25- Heinz ketchup maker Kraft Heinz Co and media mogul Oprah Winfrey said on Wednesday they would form a joint venture to develop a new line of food products in the United States. The joint venture, Mealtime Stories LLC, will initially make ready-to-eat refrigerated products across multiple categories and 10 percent of its profits will be donated to...

  • BASEL, Switzerland, Jan 25- Swiss drugmaker Novartis said on Wednesday it will buy back up to $5 billion worth of shares over the next 12 months and may spin off the Alcon eye care business as it navigates a tough year before an expected return to growth in 2018.. "We've not ruled anything out, all options are on the table," Chief Executive Joe Jimenez said.

  • ZURICH, Jan 25- Swiss chocolate maker Barry Callebaut said it expected sales volume growth to accelerate in the second half of its fiscal year after the phasing-out of less profitable contracts in its cocoa business made volumes dip in the quarter to Nov. 30. We are on track to deliver improved profitability in our cocoa business, "the Zurich- based company said in a...

  • NEW YORK/ CHICAGO, Jan 24- U.S. regulators under the new presidential administration have instituted a freeze on rules key to the country's farm belt, agricultural groups said on Tuesday, heightening uncertainty for some of the regions that helped propel Donald Trump into office. The Environmental Protection Agency will delay implementation of this year's...