Corporate Operations: Page 124
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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 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 5 stories from Food Dive
The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future.
By Food Dive staff -
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, 2020
ColumnLeftovers: 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 -
Mondelez faces 'unprecedented demand' online for snacks during coronavirus
Glen Walter, president of North America, said the surge is especially prominent in its core snack offerings like Oreo and Ritz as shoppers gravitate toward trusted brands.
By Christopher Doering • April 13, 2020 -
Plant-based Rebellyous Foods raises $6M
The maker of faux chicken products will use the money to hire workers, push into retail and develop equipment to make its products faster, cheaper and better quality.
By Christopher Doering • April 13, 2020 -
Scientists discover enzyme that breaks down PET plastic in a few hours
The packaging material is popular for its ability to keep products fresh, endure temperature changes and its low cost. Only about 12% to 14% of it is recycled.
By Jessi Devenyns • April 13, 2020 -
Terra Ingredients sees demand jump 30% amid coronavirus
Orders for the organic grain and pulse ingredients provider are coming in for both food for people and livestock feed — and 10% of that is from new customers.
By Megan Poinski • April 9, 2020 -
Ignoring naysayers, CPG trendspotter forges path down the Saffron Road
Adnan Durrani's current venture, which developed some of the first halal-certified products available nationally, is on track to be a $100 million business by 2025.
By Megan Poinski • April 9, 2020 -
Ingredion acquires controlling stake in PureCircle
The ingredients giant now owns 75% of the business and former shareholders of the stevia pioneer own the remaining 25%. Terms of the purchase were not disclosed.
By Megan Poinski • Updated July 1, 2020 -
Nestlé expands blockchain to Swedish coffee brand Zoégas
Companies have been increasing their use of the sourcing technology as consumers look for more transparency about the food and beverages they purchase.
By Jessi Devenyns • April 9, 2020