Food news

• Hershey launches "better-for-you'' popcorn in US

  18-07-2017 18:43
  
  Hershey is targeting the healthy-eating US consumer with its new Popwell popcorn brand.
  
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• New fund FrenchFood Capital eyes investments

  18-07-2017 18:39
  
  The French government, two local banking groups and Paris-based investment firm Tikehau Capital have formed FrenchFood Capital, a fund that will aim to back agri-food companies in the country with sales of up to EUR1.5bn.
  
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• San Miguel predicts US, Asian expansion following Peruvian citrus deal

  18-07-2017 18:19
  
  Argentinian citrus specialist San Miguel has moved into the Peruvian market with the US$64m acquisition of Agrícola Hoja Redonda.
  
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• Unilever prepared to strike more M&A in food

  18-07-2017 18:12
  Unilever, which in the second quarter of 2017 made two investments in food companies, is eyeing further acquisitions in the sector, CEO Paul Polman has indicated.
  
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• Sustainable Protein: Euromonitor Environmental Impact Score: Part 1

  18-07-2017 18:07
  High protein, sustainable living and animal-free trends are occurring simultaneously. From plant- to animal-based, this briefing examines the sustainability of the most popular proteins consumed, thei
  
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• Josh Tetrick the sole director at Hampton Creek after board exodus

  18-07-2017 17:12
  
  Hampton Creek co-founder and CEO Josh Tetrick is understood to be the only remaining board member at the US food start-up following a raft of resignations.
  
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• CSM Bakery Solutions sells BakeMark business to US investment fund Pamplona Capital Management

  18-07-2017 17:07
  
  CSM Bakery Solutions has agreed to sell its BakeMark business to investment company Pamplona Capital Management for an undisclosed sum as the Atlanta, Georgia-based bakery group focuses on other businesses in Europe and North America.
  
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• Unilever H1 profits jump as sales rise, savings kick in

  18-07-2017 17:04
  
  Unilever today (20 July) reported higher first-half profits helped by sales growth the consumer goods giant said was "ahead of our markets" and by the Knorr-to-Magnum maker's efforts to control costs.
  
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• New e-commerce unit, snacks push feature in Campbell 2018 plans

  18-07-2017 17:04
  
  Campbell Soup Co. is to set up a new e-commerce unit, try to grow its snacks business in developing markets and claim to be more transparent on the way it labels ingredients among a series of initiatives to grow sales in the next 12 months.
  
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• McCormick hot on Reckitt sauces deal despite fiery multiple

  18-07-2017 17:00
  McCormick & Co. this week emerged as the buyer of Reckitt Benckiser's food assets, which include French's mustard and Frank's RedHot sauce. The brands look a good fit with McCormick's own basket of sauces and spices but the US group has paid what appears to be a rich multiple for the assets and its shares cooled on Wednesday when the deal was announced. Can McCormick extract value? Dean Best reports.
  
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• House budget blueprint boosts military, cuts food stamps - ABC News

  18-07-2017 15:22
  
  House budget blueprint boosts military, cuts food stamps
  ABC News
  House Republicans on Tuesday unveiled a budget that makes deep cuts in food stamps and other social safety net programs while boosting military spending by billions, a blueprint that pleases neither conservatives nor moderates. The GOP plan, authored ...and more »
  
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• New food pantry opens at Christ United Methodist Church - Herald & Review

  18-07-2017 15:04
  
  Herald & Review
  New food pantry opens at Christ United Methodist Church
  Herald & Review
  The Christ United Methodist Church food pantry is open to the public who need food assistance and is located at 1503 N. Summit. Submitted photo. prev. next. A new food pantry opened up at the Christ United Methodist Church. It is free and open 24/7 to ...and more »
  
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• These Food Trends Should Die With the Summer - Houstonia Magazine

  18-07-2017 15:02
  
  Houstonia Magazine
  These Food Trends Should Die With the Summer
  Houstonia Magazine
  This summer's food trends have been the most outrageous yet. And though I'm really sorry to suck the fun out of everything, someone has to stand up for what is right and holy. And kids' cereal masquerading as real food, for grown-ups with jobs? That is ...
  
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• Domty points to profit recovery despite sales strategy changes

  18-07-2017 14:20
  
  Arabian Food Industries, Egypt's biggest cheese maker, saw profits slump in the second quarter from a year earlier but rebound from a loss in the first three months of 2017.
  
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• What We Learned at Slow Food Nations - 303 Magazine

  18-07-2017 14:03
  
  303 Magazine
  What We Learned at Slow Food Nations
  303 Magazine
  Slow Food Nations has finally come and gone. The highly anticipated three-day food event fulfilled its promise to be the epicenter of the culinary world with its jammed packed schedule of programming and influential guests from all over the world. But ...
  
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• Mars, Danone set out to boost Madagascar vanilla quality

  18-07-2017 14:03
  
  Mars and Danone have launched an initiative to improve the quality of vanilla cultivated in Madagascar.
  
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• Special Report: FAO/WFP Crop and Food Security Assessment Mission to The Syrian Arab Republic - 18 July 2017 - ReliefWeb

  18-07-2017 13:43
  
  ReliefWeb
  Special Report: FAO/WFP Crop and Food Security Assessment Mission to The Syrian Arab Republic - 18 July 2017
  ReliefWeb
  ROME / DAMASCUS – Food security in parts of Syria is slightly better than the same time last year due to an improved security situation and enhanced access to humanitarian assistance, but the overall situation remains far worse than before the war, two ...and more »
  
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• Food bug upsets Depeche Mode gig in Belarus - BBC News

  18-07-2017 13:42
  
  BBC News
  Food bug upsets Depeche Mode gig in Belarus
  BBC News
  Depeche Mode singer Dave Gahan is reported to be recovering from a bout of food poisoning which forced the band to cancel a gig in Belarus. The British synthpop legends announced on their website that they had been unable to perform the show at Minsk ...and more »
  
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• Post-Brexit world prompts UK bakery Bells of Lazonby to eye exports

  18-07-2017 13:01
  
  UK gluten-free bakery Bells of Lazonby has signed a distribution deal that will allow its products to be sold in Australia.
  
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• Muller applies to expand UK factory to double output

  18-07-2017 12:01
  
  Muller has applied for planning permission to expand its factory in the UK town of Telford as it seeks to double yogurt production at the site.
  
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• General Mills' fiscal 2018 investor day - four things to learn

  18-07-2017 11:50
  
  General Mills is one of a clutch of US-centric businesses that have been under sales pressure for some time. In the 12 months to 28 May, the Yoplait maker's annual net sales fell 6% - the third successive year in which its top line contracted. Last week (12 July), the US food giant held its annual investor day to set out its plans for the new financial year, a chance for recently-installed CEO Jeff Harmening to outline how he believes the company can improve its performance. Here are the top tak
  
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• Big Food's Next Big Problem: Supermarket Brands - Wall Street Journal (subscription)

  18-07-2017 11:29
  
  Wall Street Journal (subscription)
  Big Food's Next Big Problem: Supermarket Brands
  Wall Street Journal (subscription)
  Traditional food brands are in trouble. Amazon gobbling up Whole Foods should give momentum to private-label foods. By. Stephen Wilmot. Stephen Wilmot. The Wall Street Journal. BiographyStephen Wilmot · @stephenwilmot · [email protected] more »
  
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• 'Food Freedom' Advocates Claim Victory in Maine - Civil Eats

  18-07-2017 11:08
  
  Civil Eats
  'Food Freedom' Advocates Claim Victory in Maine
  Civil Eats
  The state is the latest to pass a food sovereignty law that allows consumers to buy food directly from farmers. By Lela Nargi | Food Policy, Food Safety, Local Eats 07.18.17. Last month, Maine's Governor Paul LePage signed into law a bill that gives ...
  
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• Favourite restaurants of an Azerbaijani in Hong Kong - her 'food paradise' - South China Morning Post

  18-07-2017 11:03
  
  South China Morning Post
  Favourite restaurants of an Azerbaijani in Hong Kong - her 'food paradise'
  South China Morning Post
  I am from Azerbaijan, and have had the honour of calling Hong Kong my home for the last two decades. For an international family like ours, the city is a food paradise. Life & Culture. Get updates direct to your inbox. E-mail *. By registering you ...and more »
  
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• MHP sees higher poultry volumes and prices

  18-07-2017 10:28
  
  MHP, the Ukrainian poultry group, reported an increase in both sales volumes and poultry prices during the second quarter of this year.
  
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• Bachoco expands US business with AQF acquisition

  18-07-2017 10:22
  
  Mexican poultry group Industrias Bachoco has reached an agreement to acquire Alabama-based Albertville Quality Foods (AQF) via its US subsidiary OK Foods.
  
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• Dairy Crest touts brand performance but warns on butter margins

  18-07-2017 10:18
  
  Dairy Crest today (18 July) reported a fiscal first quarter "in line with expectations", with volumes of its four main brands up 7% but pressure on the margins from its butter business.
  
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• Private equity firm buys Gold Coast Bakeries

  18-07-2017 07:00
  An affiliate of Peak Rock Capital, a middle market private equity firm, has acquired Gold Coast Bakeries, a producer of specialty and organic breads, buns, rolls, and sweet goods.
  
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• Industry groups file lawsuit against NYC

  18-07-2017 07:00
  The Food Marketing Institute (FMI), National Association of Convenience Stores (NACS), New York Association of Convenience Stores (NYACS), and the Restaurant Law Center (RLC) have filed suit in the U.S. District Court for the Southern District of New York to stop New York City from prematurely enforcing rules requiring calorie and nutrient information prior to a May 2018 compliance date established by the U.S. Food and Drug Administration (FDA).
  
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• Frozen Food Foundation awards Harrison

  18-07-2017 07:00
  The Frozen Food Foundation, in conjunction with the International Association for Food Protection, has recognized Mark Harrison, a Josiah Meigs distinguished teaching professor, graduate coordinator, and researcher in the Dept. of Food Science and Technology at the University of Georgia, with the eighth annual Frozen Food Foundation Freezing Research Award.
  
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• Comax Flavors hires Crain as senior flavor chemist

  18-07-2017 07:00
  Comax Flavors has hired Michael Crain as senior flavor chemist.
  
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• Board Member Exodus Hits Hampton Creek, a Healthy Food Start-Up - New York Times

  18-07-2017 05:04
  
  TechCrunch
  Board Member Exodus Hits Hampton Creek, a Healthy Food Start-Up
  New York Times
  Nearly the entire board of Hampton Creek, a high-profile food start-up responsible for the Just Mayo condiment, resigned last month, leaving the company's founder and chief executive, Josh Tetrick, as its only member. The resignation of the four board ...
  Hampton Creek's Entire Board Leaves Except for CEOBloombergall 15 news articles »
  
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• Nibble giving budding food entrepreneurs their chance - The Boston Globe

  18-07-2017 04:04
  
  The Boston Globe
  Nibble giving budding food entrepreneurs their chance
  The Boston Globe
  Caleb Cole. Carolina Rendon, whose family owns Cantina La Mexicana in Union Square, is a graduate of Nibble's entrepreneurship program. From momos to masala, Boston enjoys a rich diversity of cuisines, but starting a food business, especially if you ...
  
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• Brexit Risks Hurting UK Food Security and Farming, Study Says - AgWeb

  18-07-2017 03:53
  
  AgWeb
  Brexit Risks Hurting UK Food Security and Farming, Study Says
  AgWeb
  Brexit risks hurting food security and standards in the U.K. and the government needs to do more to alleviate concerns about the food and farming industries' future, according to a study led by researchers at three U.K. universities. Among the risks ...
  UK 'sleepwalking' into food insecurity after Brexit, academics sayThe Guardian
  Brexit: UK faces future of food insecurity and rising prices, warn leading academicsThe Inde
  
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• Pilot program helps food stamp recipients find jobs that pay better or offer better benefits - Omaha World-Herald

  18-07-2017 00:55
  
  Omaha World-Herald
  Pilot program helps food stamp recipients find jobs that pay better or offer better benefits
  Omaha World-Herald
  LINCOLN — Two state agencies have joined forces to help some Grand Island residents get new and better jobs and reduce their need for public benefits. Gov. Pete Ricketts announced the pilot project on Monday, saying it offers employers a way to fill ...
  
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