Goya President Robert Unanue, compares the story of Goya's business, to the story of Latinos' immigration into the U.S. Over the last 10 years, Hispanic population has increased 62 percent. Goya food has grown its reach and popularity among the people at the same time.» Read More
*Working to fix North American frozen, China businesses. VEVEY, Switzerland, Feb 19- Nestle, the world's largest packaged foods maker, forecast sales growth around 5 percent this year, at the low end of its long-term goal, as it grapples with deflation in Europe and a slowdown in China. The goal includes improvements in margins, helped by cost savings and efforts to...
MILAN, Feb 14- Michele Ferrero, Italy's richest man and the owner of a global chocolate and confectionery empire, died on Saturday aged 89, the company said. His death opens the question of succession and potential tie-ups at the family-controlled Ferrero group, which has sales of around 8 billion euros and continued to grow through Italy's longest recession...
MILAN, Feb 14- Michele Ferrero, Italy's richest man and the owner of a global chocolate and confectionery empire, died on Saturday, two workers within the company said. His death is likely to spur talk of succession and potential tie-ups at the family-controlled Ferrero group, which has continued to grow even through Italy's longest recession since World War Two.
*Ketchup maker Kagome sets first price hike in 25 years. *Kagome worried that consumers not ready to pay more. TOKYO, Feb 10- For Tokyo- based condiments maker Kagome, and perhaps for Japan's government, the challenge of breaking with a decade and a half of deflation boils down to the price of a bottle of ketchup.
An organic food craze is emerging among Chinese urbanites as safety woes spur the younger generation toward alternative ways to buy produce and meat.
Salty snacks are a $16 billion business, but Americans are increasingly looking for something healthier. Like beans.
Susan Smith, Butterball turkey expert, shares tips on how to safely prepare a Thanksgiving turkey.
Hershey cut its full-year earnings and revenue growth forecasts, citing higher dairy prices, a stronger dollar and weak sales growth in some markets.
KFC parent Yum Brands Inc on Wednesday said second-quarter sales at established restaurants in China, its No. 1 market, jumped 15 percent
How rising meat prices are affecting local butchers and restaurants, with Pat LaFrieda Jr., LaFrieda Meat Purveyors CEO.
Record high prices for both ground beef and sirloin are creating expensive Fourth of July barbecues. CNBC's Kate Kelly reports.
Velveeta, a processed cheese, is getting yanked off the shelves in 12 states for not having enough preservatives.
US Agriculture Secretary is confident an approved vaccine would help fight a deadly virus that has killed millions of pigs.
Hillshire Brands said it will withdraw its recommendation to its shareholders to vote for its acquisition of Pinnacle Foods.
Pork prices continue to climb in part due to a deadly pig virus, reports CNBC's Jane Wells.
Despite a deadly pig virus, the World Pork Expo is underway in Iowa, reports CNBC's Jane Wells.
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.
The farm acknowledged a reemergence of Porcine Epidemic Diarrhea virus, which has killed up to 7 million pigs since it was first identified.
Pilgrim's Pride is offering to acquire meat producer Hillshire Brands in a deal worth about $5.52 billion.
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.