Food Products


  • Seeing high demand for chocolate: Expert     Thursday, 31 Oct 2013 | 2:49 PM ET

    "There is a lot more demand in the world for cocoa and chocolate," said Larry Graham, president of the National Confectioners Association.

  • Hot sauce maker under fire in court over big stink Thursday, 31 Oct 2013 | 10:23 AM ET
    Sriracha chili sauce

    A California factory town's attempt to shut down production of Sriracha sauce heads to court until the company gets rid of the plant's smelly fumes.

  • *UAE wants route into EU market before Serbia joins. BELGRADE/ ABU DHABI, Oct 31- From animal feed to missiles and loans, Serbia is banking on an unlikely alliance with the United Arab Emirates to upgrade its vital farming industry, revive military production and get badly needed cheaper finance.

  • CHICAGO, Oct 30- Cargill Inc, one of the world's largest beef processors, threw a wrench into Merck& Co.' s plans to reintroduce its feed additive Zilmax, stating it will not accept Zilmax-fed beef into the Cargill supply chain "until we are 100 percent confident the animal welfare issues are resolved."

  • NEW YORK, Oct 30- When Campbell Soup Co was losing market share to private label brands and smaller competitors in recent years, it could have used another pop superstar like Andy Warhol to try to make its brand hip again, especially with 20- somethings. Investors have embraced the initiatives, pushing Campbell stock up more than 30 percent in the last two years.

  • Cut in food stamps to hit low-income Americans this week Wednesday, 30 Oct 2013 | 12:09 PM ET

    *Senate and House back different levels of cuts in new farm bill. WASHINGTON/ LOS ANGELES, Oct 30- One of every seven Americans will take a hit on Friday when a $5 billion cut in food stamps, the first across-the-board reduction in the history of the decades-old federal program, takes effect.

  • Oct 30- Canadian food processor Maple Leaf Foods on Wednesday reported lower-than-expected results for the third quarter, hurt mainly by weakness in its meat business. The Toronto- based company, one of Canada's biggest pork processors and bakers, said revenue slipped 2.5 percent to C $1.15 billion.

  • The future of food...packaging you can eat     Wednesday, 30 Oct 2013 | 2:55 AM ET

    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.

  • Hot sauce maker under fire for stinking up the place Tuesday, 29 Oct 2013 | 10:59 AM ET
    Sriracha sauce

    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 'Satisfries' customers with new fries Monday, 28 Oct 2013 | 2:25 PM ET

    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.

  • McDonald's and Heinz are breaking up     Monday, 28 Oct 2013 | 1:54 PM ET

    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.

  • Burger King's profit rises as costs fall 90 pct Monday, 28 Oct 2013 | 7:22 AM ET

    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.

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