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
Feb 10- McDonald's Corp on Monday reported better-than-expected global sales at established restaurants for January as gains in Europe and China helped the company offset weak numbers in United States, where customers remained cautious in their spending.
The "Squawk on the Street" crew discuss McDonald's global sales and competition in the food and beverage space.
Feb 10- McDonald's Corp on Monday reported better-than-expected global sales at established restaurants for January as gains in Europe and China helped the company offset a sharp decline in the United States.
Cocoa is up about 30 percent in the last 12 months, reports CNBC's Morgan Brennan. Stronger demand, and fewer supplies are contributing.
Subway's decision has at least one food chain pondering its use. So how widespread is its use among fast-food giants? Very.
*New Zealand's sheepmeat trade to China up fivefold to $550 mln. WELLINGTON/ SYDNEY, Feb 7- At a sprawling plant run by New Zealand's biggest meat processor, rows of lamb carcasses hang from meathooks on their way to a cutting room to be chopped, trimmed and shipped out in increasing quantities to China.
Feb 6- Kellogg Co, the world's largest maker of breakfast cereals, reported lower-than-expected quarterly revenue as sales for cereals fell for the third time in a row in North America.
*In Iowa, a major hog producer, snow falls ranged from 5 to 6 inches in southern part of the state, 2 to 4 inches through central Iowa, and little to none in northern Iowa.
ISTANBUL, Feb 5- The humble potato has become a factor in Turkey's political and economic turmoil as prices of the staple soar, hurting the living standards of poorer Turks just before the ruling AK Party's toughest election test in a decade.
LONDON/ ZURICH, Feb 3- Food group Nestle is selling its sports nutrition business under the PowerBar and Musashi brands to U.S. group Post Holdings, the Swiss company said, in its drive to shed underperforming assets. "We have an ongoing process of portfolio review and this decision came out of that," a Nestle spokeswoman said in an emailed statement.
*Move comes week before Winter Olympics in Russia. MOSCOW/ CHICAGO, Jan 31- Russia plans to end a ban on imports of some U.S. meat starting with turkey in mid-February and pork by March, the Interfax news agency reported, citing its veterinary regulator.
WASHINGTON, Jan 31- The antitrust battle over whether food giant Sysco Corp will be allowed to buy rival US Foods Inc will likely focus on whether the merger will drive up costs for thousands of restaurants, hospitals and hotels that they supply on nationwide contracts.
Tyson Foods said it expects pork supplies to drop 2-4 percent this fiscal year, raising wholesale prices, as a pig virus spreads.
Jan 31- Tyson Foods Inc, the largest U.S. meat processor, said on Friday it expects pork supplies to drop 2 to 4 percent this fiscal year, raising wholesale prices, as a deadly pig virus spreads through the U.S. hog belt. The U.S. hog herd stood at 65.9 million head as of December 2013, U.S. Department of Agriculture data showed.
*First-quarter earnings/shr $0.72 vs est $0.63. Jan 31- Tyson Foods Inc, the largest U.S. meat processor, reported first-quarter results that beat analysts' expectations, helped by higher chicken and beef sales. Net income attributable to Tyson rose to $254 million, or 72 cents per share, from $173 million, or 49 cents per share, a year earlier.
Jan 31- Tyson Foods Inc, the largest U.S. meat processor, posted a 47 percent rise in first-quarter profit, helped by a rise in sales of chicken and beef. Net income attributable to Tyson rose to $254 million, or 72 cents per share, from $173 million, or 49 cents per share, a year earlier. Revenue rose 5 percent to $8.76 billion in the quarter ended Dec. 28.
Jan 30- Chipotle Mexican Grill Inc on Thursday said an increase in customer visits contributed to bigger-than-expected growth in quarterly sales at established restaurants, and its shares rose nearly 10 percent in extended trading.
NEW YORK, Jan 27- U.S. prosecutors have criminally charged a former Wells Fargo& Co broker and a banker with insider trading in Burger King securities ahead of a 2010 buyout of the fast-food chain.
*Marine Harvest sets sights on Chile and Norway. The Norwegian company, part of billionaire tycoon John Fredriksen's business empire, has already picked up a quarter of rival Grieg Seafood and has set its sights on further consolidation in Norway and Chile, Chief Executive Alf-Helge Aarskog told Reuters.
Jan 23- Starbucks Corp on Thursday reported that sales at established restaurants in its U.S.-dominated Americas region cooled more than analysts expected in its latest quarter as online shopping kept more consumers at home and reduced their visits to its coffee bars.