CRANSTON, R.I.— Farming is hip in New England. Farmers and industry experts agree New England is bucking a trend toward larger, but fewer, farms because many of its residents want to buy their food locally and its entrepreneurs want to produce it.» Read More
Vermont Gov. Peter Shumlin signed a new law that puts the state on the path to become the first to require labels on genetically modified foods.
May 8- Vermont on Thursday became the first U.S. state to mandate labeling of foods made with genetically modified organisms as Governor Peter Shumlin signed a law that is widely expected to be challenged in court by some food and agriculture companies.
Edible Arrangements CEO Tariq Farid says he locks in produce prices a year in advance, and says his company is the "ultimate last minute" gift for Mother's Day.
May 7- When the steel industry goes to Washington, it usually talks about trade, tariffs and taxes. "One of the biggest obstacles has been the belief that canned food is not nutritious," said Rich Tavoletti, executive director of the Canned Food Alliance. "
*Cameron hints Britain could intervene in takeover deal. LONDON, May 7- Prime Minister David Cameron demanded U.S. drugmaker Pfizer give stronger guarantees it will keep jobs and investment in Britain in order to secure his government's blessing for a takeover of AstraZeneca.
Shares of Whole Foods Market dipped more than 18 percent when trading began Wednesday morning, and CNBC's Jim Cramer calls the move a 'loss of faith.'
Shares of Whole Foods have had a rough ride since the company missed its Q1 earnings estimates. FMHR trader Mike Murphy thinks investors should buy the stock now, but FMHR trader Pete Najarian says the stock has "issues."
Large farms with over $1 million in sales account for only four percent of all farms, but 66 percent of all sales.
*Third-quarter adj. earnings/share $0.46 vs est $0.36. May 6- Hillshire Brands Co reported better-than-expected quarterly sales as the packaged meat company raised prices to offset higher prices of pork and beef. Hillshire, formerly the food business of Sara Lee Corp, makes Hillshire Farm luncheon meat, Jimmy Dean sausages and Ball Park hot dogs.
May 5- Tyson Foods Inc on Monday reported weaker-than-expected quarterly profit on higher expenses and weak China results, sending shares down more than 9 percent.
May 5- Tyson Foods Inc on Monday reported weaker-than-expected quarterly profit on higher expenses and said it expects pork supplies to be down as much as 4 percent this year due to a deadly piglet virus.
May 5- Tyson Foods Inc's profit more than doubled in the second quarter as it sold more chicken and increased prices for beef and pork, and raised its full-year sales forecast. Tyson said it expected sales of about $37 billion for fiscal 2014, above the average analyst estimates of $35.94 billion, according to Thomson Reuters I/B/E/S.
PARIS, May 5- France has suspended a unilateral decision to ban imports of pigs and pork-based by-products from the United States, Canada, Mexico and Japan to protect against a virus pending the outcome of an European Union meeting on Tuesday, the farm ministry said.
May 5- Tyson Foods Inc, the largest U.S. meat processor, said its profit more than doubled in the second quarter, mainly due to strong demand for chicken. Net income attributable to Tyson rose to $213 million, or 60 cents per share, in the quarter ended March 29 from $95 million, or 26 cents per share, a year earlier. Revenue rose 7.8 percent to $9.03 billion.
OMAHA, Neb., May 2- Warren Buffett's Berkshire Hathaway Inc on Friday said quarterly profit declined 4 percent, falling short of analyst forecasts, as earnings from insurance underwriting declined and bad weather disrupted shipping at its BNSF Railway unit.
"Shark Tank" contestant and Daisy Cakes owner Kim Nelson, explains how she convinced the sharks to invest in her baking business.
CARACAS, May 2- President Nicolas Maduro is introducing a controversial shopping card intended to combat Venezuela's food shortages but decried by critics as a Cuban-style policy illustrating the failure of his socialist policies.
*PEDv killed millions of piglets in North America, Asia. PARIS, May 2- France will ban imports of live pigs, pork-based byproducts and pig sperm from the United States, Canada, Mexico and Japan to protect against a virus that has killed millions of piglets in North America and Asia, a farm ministry official said on Friday.
*Big inflows fail to rouse equity markets; IPOs absorb cash. LONDON, May 2- Firms are queuing up to list on equity indexes, sucking cash from existing listed stocks and fuelling worries that these high flotation volumes could be signalling an impending market fall.
PARIS, May 2- France will ban imports of live pigs, pig byproducts and pig sperm from the United States, Canada, Mexico and Japan to combat a virus that has killed millions of piglets in North America and Asia, a farm ministry official said.