CHICAGO, March 7- Hog futures at the Chicago Mercantile Exchange surged 6.5 percent this week on tightening U.S. supplies as a deadly pig virus sweeps the country, traders and industry sources said on Friday.» Read More
CNBC's Stephane Pedrazzi explores the world of future food with David Edwards, the developer of WikiCells, food that can be eaten in its packaging.
CHICAGO, Oct 29- U.S. drugmaker Merck& Co told Reuters on Tuesday that it plans to bring its Zilmax animal feed additive back for sale in the United States and Canada, after it completes an audit of how the muscle-building cattle feed product is used in the agriculture sector.
CHICAGO, Oct 29- Cattle are entering U.S. packing plants slightly thinner than a year ago as feedlots rush the animals to market to cash in on record-high prices and are no longer feeding them the growth promotant Zilmax, analysts and economists said.
The city of Irwindale, Calif., filed a lawsuit against Huy Fong Foods, maker of Sriracha, claiming the odor from the plant is a public nuisance.
Oct 29- DineEquity Inc, the owner of Applebee's and IHOP restaurants, reported a better-than-expected adjusted quarterly profit as costs nearly halved due to franchising. Excluding items, DineEquity earned $1.10 per share, beating the average analyst estimate of 92 cents, according to Thomson Reuters I/B/E/S.
Burger King says it's attracting more customers with its new lower-calorie "Satisfries," but is not ready to call the fries a major success yet.
Amid the news that McDonald's is ending its partnership with Heinz, CNBC's Tyler Mathisen, Robert Frank and Michelle Caruso-Cabrera conduct a ketchup taste test!
Oct 28- Burger King Worldwide Inc, known for its Whopper hamburgers, on Monday said it plans to introduce fewer seasonal and limited-time menu items in a bid to help restaurant operators improve profits and speed up service.
Oct 28- Burger King Worldwide Inc reported a better-than-expected third-quarter profit as it slashed costs by franchising more outlets and sales grew outside North America.
SAO PAULO, Oct 28- Brazil's BRF SA, the world's largest chicken exporter, posted lower-than-expected net profit for the third quarter due to constrained domestic demand and weak exports to some regions. The company, which also makes processed foods, said exports were affected by an unexpected surplus of meat in the Middle East, usually a key importer from Brazil.
Oct 28- Burger King Worldwide Inc reported a higher quarterly profit as costs plunged and same-restaurant sales grew in Europe, the Middle East, Africa and Asia Pacific. Burger King said net profit rose to $68.2 million, or 19 cents per share, from $6.6 million, or 2 cents per share, a year earlier.
Heinz Co, since that company is now led by Bernardo Hees, the former chief executive of hamburger rival Burger King Worldwide Inc.. The switch will be more apparent overseas than in the United States, as McDonald's only serves Heinz ketchup in two domestic markets- Pittsburgh and Minneapolis, the Pittsburgh Post-Gazette reported on Friday.
*FDA also investigating jerky-related dog, cat deaths. The proposal is one of seven key pillars of the 2011 Food Safety Modernization Act, an initiative designed to improve human and animal food safety and reduce food-borne illnesses by giving the FDA greater power to intervene before an outbreak occurs.
WINNIPEG, Manitoba/ CHICAGO, Oct 25- A decision by Tyson Foods Inc to stop buying slaughter-ready Canadian cattle looks to accelerate the movement of lighter Canadian cattle to U.S. feedlots, industry sources say, damaging the already fragile Canadian beef sector.
Heinz Co, since that company is now led by Bernardo Hees, the former chief executive of hamburger rival Burger King Worldwide Inc.. The switch will be more apparent overseas than in the United States, since McDonald's only serves Heinz ketchup in two domestic markets- Pittsburgh and Minneapolis, the Pittsburgh Post-Gazette reported on Friday.
Oct 25- Maple Leaf Foods Inc has launched an auction for its bakery company Canada Bread, targeting Grupo Bimbo, one of the world's largest bread makers, as well as private equity, several people familiar with the matter said.
CHICAGO, Oct 24- Tyson Foods Inc said it halted purchases of slaughter-ready cattle from Canada as of mid-October due to higher costs associated with mandatory country-of-origin labeling, a company spokesman said on Thursday.
-Hershey Co reported higher quarterly earnings on Thursday because of strong candy sales across the United States. The chocolate company said net income was $233.0 million, or $1.03 per share, compared with $176.3 million, or 77 cents per share, a year earlier. Its sales rose 6.1 percent to $1.85 billion, from $1.75 billion in the third quarter of 2012..
CNBC anchorman Geoff Cutmore gave his best impression of Ron Burgundy on Squawk Box Europe this morning.
Oct 23- Brinker International Inc reported first-quarter results that missed analysts' estimates, hurt by a decline in same-store sales at its Chili's Grill& Bar chain.