Tyson outbid Pilgrim's Pride Corp with its $63 per share offer for Hillshire, valuing the Jimmy Dean sausages maker at $8.55 billion. The Cherokee plant will close on Sep. 27, while the Buffalo and Santa Teresa plants are expected to stop operating in the first half of 2015, the company said.» Read More
Antibiotic-resistant bacteria—often called "superbugs"—are entering the nation's food system and endangering consumers at an alarming rate, according to an analysis of government data.
Sales growth at food group Nestle slowed to 4.3 percent in the first quarter, as demand in emerging markets slowed further and cold spring weather hit bottled water and ice-cream sales.
Fairway hopes the investing public will aid in its expansion after its stock starts trading for the first time. The New York Times reports.
France found more cases of illegal horsemeat in beef products than any other EU country, early results of DNA tests ordered in the wake of the scandal showed.
Thailand is set to sell half-a-million tons of rice on world markets at a loss, as it scrambles to offload a record stockpile deteriorating in quality in warehouses filled with grain.
The IPO of Pinnacle Foods priced at $20 a share, at the high end of the range. One trader said the stock could pop on its debut Thursday amid expectations of a "hefty dividend."
Belgian chocolate makers believe their renowned pralines should have similar protection to that enjoyed by French champagne or Italy's Parma ham.
Furniture retailer IKEA's Swedish meatballs are returning to the menu after last month's horse meat scare, with new supply chain controls "from farm to fork," the company's head of foods said.
CNBC's Jane Wells explain why some people are optimistic about the return of "normal" crop prices this year.
Sally Smith, President and CEO of Buffalo Wild Wings, explains how her company plans to cash in on the NCAA playoffs.
McDonald's is adding a permanent new offering to its menu: Chicken McWraps. And yes, there's bacon.
The New Mexico company, Valley Meat, drew complaints over a two-year period from federal inspectors and state regulators over its disposal of remains when it processed cattle for beef. The New York Times reports.
Improved weather is projected to result in a successful growing year, which could reduce the pressure on grain, livestock feed and consumer prices.
A new survey on corporate health benefits draws a picture of a world where companies go beyond building gyms and banning smoking, to rewarding employees for lowering their cholesterol and being monitored by a "primary nurse case manager."
Workers at Chivas Brothers plant in Scotland have accidentally flushed thousands of gallons of the company's Scotch down the drain.
The USDA is likely to approve a horse slaughtering plant in New Mexico in the next two months, which would allow equine meat suitable for human consumption to be produced in the United States for the first time since 2007. The NY Times reports.
Patrick Coveney, CEO of Greencore, says to win back consumer confidence after the horse meat scandal, common standards have to be set for the food supply chain.
A new report sheds light on this dirty secret of the food industry: Cheap fish is widely passed off as more expensive varieties.
ConAgra Foods is raising its earnings forecast to account for its $5 billion acquisition of food maker Ralcorp and better-than-expected results from its consumer foods and commercial foods segments.
Farmland values in the U.S. Plains states jumped more than 20 percent in the fourth quarter from a year earlier.