Corporate Operations: Page 113
-
Cal-Maine accused of price gouging in Texas lawsuit
The country's largest egg producer denies the accusation, saying spikes of about 300% came from "unprecedented retail demand."
By Megan Poinski • April 27, 2020 -
NRCS Oregon. (2015). "Cover Crops on Dryland Wheat? Challenge Accepted." [photograph]. Retrieved from Flickr.
Consumers still care about sustainability amid pandemic, report finds
Nearly half of consumers surveyed say the outbreak has made them more concerned about the environment, according to consulting firm Kearney.
By Jessi Devenyns • April 24, 2020 -
Trendline
Mergers and acquisitions
Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.
By Food Dive staff -
Danone's venture arm invests $10M in plant-based Laird Superfood
Co-founded by big wave surfer Laird Hamilton, the upstart will use the capital to develop new product offerings and expand manufacturing capacity.
By Christopher Doering • April 24, 2020 -
Cattle associations urge DOJ probe as coronavirus pandemic price concerns continue
The USDA already announced it would investigate why an increase in what consumers paid did not convert into higher cattle profits for farmers, and now there is a push for more government intervention.
By Lillianna Byington • April 23, 2020 -
Deep Dive
What will a virtual IFT be like?
Companies and scientists among the 25,000 attendees and 1,200 exhibitors usually at the annual event speculate about how the experience can be replicated online.
By Megan Poinski • April 23, 2020 -
Coffee prices spike as consumers hoard during virus outbreak
Locusts, lockdowns and a limited supply of containers in parts of the world could eventually result in a shortage and higher prices for the popular caffeinated beverage.
By Jessi Devenyns • April 23, 2020 -
Tyson Foods to indefinitely suspend operations at Waterloo, Iowa plant
The closure comes just a day after the meat processing giant reopened another pork facility in the Hawkeye State after workers there also tested positive for coronavirus.
By Christopher Doering • April 22, 2020 -
US pork farmers met with 'financial crisis' as pandemic rages on
The closure of restaurants and other foodservice outlets because of the pandemic could result in an estimated $5 billion in losses for the pork industry in 2020.
By Lillianna Byington • April 22, 2020 -
Before the Butcher gets virtual with online product demos
After some of the biggest trade shows were canceled, founder and CEO Danny O'Malley took to videoconferencing to start showing what his company's products can do.
By Megan Poinski • April 22, 2020 -
Carbon dioxide shortage could threaten beer, soda and seltzers
The shortfall comes as ethanol plants, which collect the colorless gas as a byproduct, shut down or curtail output amid a drop in fuel consumption due to the coronavirus.
By Christopher Doering • April 22, 2020 -
Virginia governor signs bill to regulate CBD in food
Despite federal prohibitions, the state's bill is intended to help guide the hemp industry by regulating facility conditions and production requirements.
By Lillianna Byington • April 21, 2020 -
Tyson reopens Iowa plant shuttered by coronavirus
Two weeks after the Columbus Junction factory thought to be the source of about 200 COVID-19 infections closed its doors, limited operations restart.
By Megan Poinski • April 21, 2020 -
Organic sales are up during the pandemic, but long-term challenges loom
A report from Mercaris found there are risks to the multi-billion dollar market because of threats to consumer income, livestock processing and import challenges.
By Lillianna Byington • April 20, 2020 -
Deep Dive
Food startups grapple with financial roadmap as coronavirus sows uncertainty
The pandemic has made it harder to assess valuations for companies, forcing businesses to alter strategies on how and when to raise money.
By Christopher Doering • April 20, 2020 -
Retrieved from ParmCrisps on April 16, 2020Column
Leftovers: ParmCrisps and Bridge Lane bring wine and cheese to your door; Nightfood takes on the ultimate pregnancy craving
The pairing brings fancier snacking to consumers during the pandemic, and Elysian Brewing has a new lager with rock star status.
By Food Dive staff • April 17, 2020 -
Food companies may be underestimating sales benefits from the coronavirus, analysts say
Credit Suisse said once shelter-in-place orders are lifted, consumers will continue to spend more time at home, helping many CPG brands.
By Christopher Doering • April 17, 2020 -
MGP Ingredients expands textured protein line with pea option
The new product will join ones made from wheat and be marketed as part of the company's renamed ProTerra line of plant-based proteins.
By Christopher Doering • April 16, 2020 -
PureCircle files another lawsuit claiming stevia patent infringement
The company's third patent case since 2017 claims Almendra's Steviarome product has aspects that too closely match its own.
By Megan Poinski • April 16, 2020 -
Deep Dive
Antitrust concerns cloud DFA's purchase of Dean Foods' assets
Although the bankruptcy court approved the sale, it needs the U.S. Department of Justice to sign off. Some are hoping that roadblock will stop the deal.
By Lillianna Byington • April 16, 2020 -
Molson Coors expands partnership with Hexo to launch CBD beverages in Colorado
The new joint venture called Truss CBD USA will be majority owned by the beer giant. The two companies already developed a beverage for Canada.
By Lillianna Byington • April 15, 2020 -
Retrieved from Farm Rich on April 14, 2020
Farm Rich launches plant-based Garden Inspirations line
The frozen brand's meatless meatballs and BBQ sliders will be available in stores this month at Kroger with more offerings coming this summer.
By Lillianna Byington • April 15, 2020 -
Inside small food companies' struggle to survive the coronavirus outbreak
Specialty Food Association President Phil Kafarakis said the group's more than 4,000 members face unprecedented challenges, from liquidity to distribution, and they will last long after the pandemic.
By Megan Poinski • April 15, 2020 -
Trade group asks government to ensure food workers have protective equipment
The Consumer Brands Association said some state agencies are confiscating thermometers and face masks meant for industrial use, placing essential employees at risk.
By Jessi Devenyns • April 15, 2020 -
Pushing through pandemic: Food-X launches virtual cohort
As the spread of COVID-19 made the traditional program in New York City seem risky, the accelerator found benefits in revamping it for the times.
By Megan Poinski • April 14, 2020 -
Beth Rosengard. Retrieved from Pixabay.
Smithfield Foods warns of shortage as it closes major pork plant indefinitely
The South Dakota​ facility is one of the biggest pork processing operations in the U.S. The company announced it will also close an additional two plants in Wisconsin and Missouri.
By Lillianna Byington • Updated April 16, 2020