March 14- Smithfield Foods Inc, the world's largest pork processor, suspended hog slaughter at its Tar Heel, North Carolina, plant on Friday because of the spread of the deadly Porcine Epidemic Diarrhea virus which has tightened hog supplies, industry sources said.» Read More
Emerging markets currently represent "about half of global growth," World Bank President Robert B. Zoelick told CNBC Tuesday.
The matters of food production, lack of transparency in food stocks and speculation on commodities markets need to be tackled as they are affecting food prices, French agriculture minister Bruno Le Maire told CNBC.com Monday.
On Wednesday, coconut water maker Vita Coco announced it had signed New York Yankees third baseman Alex Rodriguez to an endorsement deal. One problem: The folks at Zico, Vita Coco's biggest competitor, which is going head-to-head in a battle to become the leader in the growing $200 million space, say A-Rod is an investor in their company.
Demand for pork futures is weakening in this economy, sending prices near record highs, reports CNBC's Jane Wells.
CNBC's Bertha Coombs reports that 23 of 40 test samples of sprouts tested negative for E.coli.
Plus, the "Mad Money" host reveals his "Game Plan" for the days to come.
Extreme weather conditions can push food prices, already on a high in Asia, further north. In 2011 regional inflation could be close to 5 percent, provided there is no sudden spike in the year.
Campbell Soup, like other food companies, has been hit by rising prices for commodities including wheat and vegetables, as well as a weak consumer base, Chief Executive Douglas Conant told CNBC Thursday. But the 140-year-old company is taking a long-term view of what it sees as a temporary bump in the road.
If you have a hankering for a burger nowadays, the choices are endless. From McDonalds spacer, Wendy's, Burger King, Jack in the Box — the beef battle has a huge number of gladiators. One company that has been growing its menu of opportunities is Johnny Rockets.
Russia banned imports of raw vegetables from the European Union on Thursday because of a deadly E.coli outbreak centered in Germany, a move branded "disproportionate" by Brussels.
Cramer interviews The Hain Celestial Group's Irwin Simon.
Sanderson Farms reported a fiscal Q2 loss of $16.3M due to higher feed costs, with Joe Sanderson, Sanderson Farms CEO, and Farha Aslam, Stephens. "With the current economic conditions affecting consumer behavior, we expect to see continued weakness in food service demand," he says.
"People will drive past a Dunkin' Donuts to get to Krispy Kreme", says Sam Yake, BGB Securities analyst. The doughnut chain more than doubled its earnings in the first quarter, beating Wall Street forecasts.
Discussing the impact the current drought as well as rising oil and gasoline on food prices, with Daniel Basse, AgResource president. The drought has caused 35 percent of the planted acreage in Texas and Oklahoma to be abandoned.
Asia is taking a sizeable swig of the market share when it comes to wine. In fact China, including Hong Kong, became the world's largest consumer of Bordeaux wines last year, according to the Bordeaux Wine Council.
U.S. corn surpluses are expected to increase higher than anticipated this summer and grow even more next year, a trend that could help ease rising food and grain prices this year.
A stomach-turning string of food-safety scandals this spring, from recycled buns to contaminated pork, makes it clear that official efforts are falling short, the NYT reports.
CNBC's Brian Sullivan with details on a commodity left out of the spotlight this week but could have a big impact on shareholders.
Discussing whether investors can find value in the consumer staples sector or whether it's time to beat a hasty retreat, with Ted Moore, Fifth Third Asset Management, and Jonathan Feeney, Janney Capital Markets.
A look at a new product that claims to boost your energy, with CNBC's Darren Rovell.