Packaged Food and Meats


  • ConAgra Foods CEO Gary Rodkin to retire Monday, 11 Aug 2014 | 8:00 AM ET

    Aug 11- Packaged foods maker ConAgra Foods Inc said long-time Chief Executive Gary Rodkin would retire in May 2015 at the end of the company's fiscal year. The company, whose products include Slim Jim meat snacks and Healthy Choice frozen meals, said it had set up a search committee to find a successor.

  • NEW YORK/ CHICAGO, Aug 5- Agribusiness company Archer Daniels Midland Co expects to sell its global chocolate business by the end of the third quarter, its president said on Tuesday, after opting to hold onto its larger cocoa press business.

  • NEW YORK, July 16- A proposal to overhaul nutrition labels on packaged foods sold in the United States does not go far enough to influence consumer choices and reduce obesity, a former U.S.

  • Yum's China sales jump as KFC bounces back Wednesday, 16 Jul 2014 | 4:38 PM ET

    KFC parent Yum Brands Inc on Wednesday said second-quarter sales at established restaurants in China, its No. 1 market, jumped 15 percent

  • Mexican bread maker Grupo Bimbo to buy Ecuador's Supan Tuesday, 15 Jul 2014 | 6:12 PM ET

    MEXICO CITY, July 15- Mexico's Grupo Bimbo, one of the world's largest bread makers, said on Tuesday it had agreed to buy Ecuadorian peer Supan, as it seeks to widen its presence in South America. Grupo Bimbo did not mention the cost of the acquisition in its statement announcing the deal.

  • Chicken price up— blame fat roosters who won't mate Wednesday, 9 Jul 2014 | 1:00 AM ET

    Aviagen Group's standard Ross male breed is sire to up to 25 percent of the nation's poultry, and its infertility is a problem for prices.

  • Higher costs at the grill     Wednesday, 2 Jul 2014 | 2:51 PM ET

    How rising meat prices are affecting local butchers and restaurants, with Pat LaFrieda Jr., LaFrieda Meat Purveyors CEO.

  • BBQ lovers burned by price hike     Wednesday, 2 Jul 2014 | 2:50 PM ET
    Severe drought is a contributing factor in the declining cattle count, which has sent wholesale beef prices up.

    Record high prices for both ground beef and sirloin are creating expensive Fourth of July barbecues. CNBC's Kate Kelly reports.

  • June 26- ConAgra Foods Inc reported better-than-expected quarterly revenue as higher sales in commercial foods business made up for weakness in its consumer foods and private brands businesses. Excluding items, the maker of Hunt's tomato ketchup and Slim Jim beef jerky earned 55 cents per share, in line with its lowered estimate.

  • Not enough preservatives?! Velveeta recalled Friday, 20 Jun 2014 | 7:47 AM ET

    Velveeta, a processed cheese, is getting yanked off the shelves in 12 states for not having enough preservatives.

  • US confident new vaccine will help fight pig virus Wednesday, 18 Jun 2014 | 11:46 AM ET

    US Agriculture Secretary is confident an approved vaccine would help fight a deadly virus that has killed millions of pigs.

  • Hillshire drops bid for Pinnacle after Tyson deal Monday, 16 Jun 2014 | 8:07 AM ET
    Tyson Food and Hillshire Brands food products

    Hillshire Brands said it will withdraw its recommendation to its shareholders to vote for its acquisition of Pinnacle Foods.

  • Pig virus boosts bacon prices     Wednesday, 4 Jun 2014 | 10:25 AM ET

    Pork prices continue to climb in part due to a deadly pig virus, reports CNBC's Jane Wells.

  • Bacon news: The pig show must go on!     Wednesday, 4 Jun 2014 | 8:41 AM ET

    Despite a deadly pig virus, the World Pork Expo is underway in Iowa, reports CNBC's Jane Wells.

  • Meat brawl over Hillshire Brands heats up again Tuesday, 3 Jun 2014 | 6:13 AM ET
    Packages of Sara Lee Corp. Hillshire Farm deli meat are displayed for sale in a supermarket in Princeton, Illinois.

    Pilgrim's Pride is planning to raise its offer for Hillshire a week after it first offered to buy it in a $6.4 billion deal.

  • Deadly pig virus strikes again Wednesday, 28 May 2014 | 9:48 AM ET

    The farm acknowledged a reemergence of Porcine Epidemic Diarrhea virus, which has killed up to 7 million pigs since it was first identified.

  • May 27- Pilgrim's Pride Corp, the world's second largest chicken producer, said it offered to buy packaged food company Hillshire Brands Co in a $6.4 billion deal as it looks to add pork and beef products to its portfolio.

  • May 27- Poultry producer Pilgrim's Pride Corp said it offered to buy packaged food company Hillshire Brands Co in a deal valued at $6.4 billion.

  • Pilgrim's Pride offers to buy Hillshire Tuesday, 27 May 2014 | 7:10 AM ET
    Packages of Sara Lee Corp. Hillshire Farm deli meat are displayed for sale in a supermarket in Princeton, Illinois.

    Pilgrim's Pride is offering to acquire meat producer Hillshire Brands in a deal worth about $5.52 billion.

  • Gardein's taste for fake meat     Friday, 23 May 2014 | 10:50 AM ET

    Gardein offers meatless, vegan, & vegetarian foods and recipes. Yves Potvin, Gardein founder & president, discusses the demand for meatless alternatives and the healthy choices Gardein offers.