WASHINGTON, Jan 30- Food distributor Sysco Corp and its biggest rival, US Foods Inc, have offered to sell a smaller competitor 11 facilities in order to convince skeptical antitrust regulators to approve their $3.5 billion merger, a source briefed on the matter told Reuters. The deal, proposed in December 2013, is seen as problematic because Sysco and US Foods are...» Read More
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.
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.
Conagra has sent a letter to the board of Ralcorp making an unsolicited offer to buy the company, according to sources close to the situation.
On a group of small farms in Monticello, Mo., John Wood is doing his part to revolutionize how meat is marketed. He's specifically pitching his US Wellness Meats, from steaks to ground beef, to athletes.
Farmers markets are popping up across the country as often as a new crop of corn. But the problem of making a profit—for themselves and the farmers that supply them—grows as well.
A recent survey shows people in Hong Kong say it is acceptable to leave shark fin soup off banquet menus. The NYT reports.
One year after the tragic BP oil spill that killed 11 people and resulted in the worst offshore oil spill in American history, Louisiana's $2.4 billion seafood industry is a long way from returning to previous levels, both in supply and demand.
The Environmental Protection Agency and the Food and Drug Administration say that very low levels of radiation have turned up in a sample of milk from Washington state. But federal officials say consumers should not worry.
So where do the big names in the culinary world flock? To the hot scene at Miami's South Beach, where they attend the annual South Beach Wine and Food festival (SOBE).
Japan’s list of casualties, already long, could soon include two of the country’s iconic brands: sushi and Kobe beef. The NYT reports.
Cramer has advice for investors who want to sell stocks now.
Bacon. It's everywhere. Wendy's features it in the "Baconator" and Paula Deen crumbles it into quiche. Ditto for those deluxe cupcakes top-heavy with frosting. Is there a bakery or supermarket that doesn't sell them?