Sept 25- At least six state investment firms are interested in buying the property assets of restaurant and packaged food company Bob Evans Farms Inc, the Wall Street Journal reported, citing people familiar with the matter.» Read More
*World's biggest chocolate maker says Indonesia must raise cocoa bean output. SINGAPORE, May 21- World No.3 cocoa bean producer Indonesia should push to more than double output to 1 million tonnes a year to meet Asia's growing appetite for chocolate and demand from local grinders, a senior official at Barry Callebaut said on Wednesday.
At least 11 people are sick in four unnamed states with E. coli infections, Food Safety and Inspection Service officials said.
As the makers of Sriracha battle to stay open in California, legislators from Texas are wooing them to move to the Lone Star State—USAT.
May 12- Packaged food company Hillshire Brands Co said it would acquire Pinnacle Foods Inc for about $6.6 billion, including debt, in a cash and stock deal.
Minneapolis- based Cargill had been in late-stage talks to buy the business, which spans bean pressing in Abidjan in Ivory Coast to fine chocolate making in Belgium. The combined company would have been big enough to rival Swiss chocolate maker Barry Callebaut, the world's largest industrial chocolate producer.
May 7- When the steel industry goes to Washington, it usually talks about trade, tariffs and taxes. "One of the biggest obstacles has been the belief that canned food is not nutritious," said Rich Tavoletti, executive director of the Canned Food Alliance. "
A shipment the Russian government refused to allow Chobani to send to American athletes in Sochi will be donated to food banks. NYT reports.
Look no further than your dinner plate to understand how the new farm bill affects you.
Tyson Foods said it expects pork supplies to drop 2-4 percent this fiscal year, raising wholesale prices, as a pig virus spreads.
The USDA shut down Foster Farms poultry plant in Calif. due to cockroach infestations. The plant was previously closed due to salmonella outbreaks.
A recent outbreak of food poisoning has led to calls for tougher inspection measures even as the government begins reforming food safety rules.
Sales of Hormel's signature meat-in-a-can Spam rose around the globe, said CEO Jeffrey Ettinger. And a new teriyaki SPAM was just rolled out in Hawaii, he added.
A bacterial strain of E. coli linked to a California catering company has forced a recall of more than 90 tons of prepackaged salads and sandwiches.
Sean Connolly, Hillshire Brands CEO, discusses how commodity prices are impacting the company's growth prospects, competing for consumers and why M&A is part of their game plan.
Starboard Value has received "non-binding written indications of interest" for its Smithfield Foods assets, the company said on Tuesday.
Although shares of many packaged food companies are hitting all-time highs, there is still room at the table for new investors to join the food stock feast.
Consumer packaged-goods makers have gotten creative with how they pass on rising costs and maintain bottom lines. Prices stay the same, but it contains less product.
An estimated 870 million people suffer from hunger on daily. But the problem isn't that we have too little food, experts say—it's what we do with the food we have.
Although many consumers may be under the false impression that Twinkies last forever, they do in fact have a shelf life, and that's about to increase.
Dean Metropoulos, chairman and CEO of C. Dean Metropoulos & Co., discusses the relaunch of Hostess snack brands.