[ad_1] KANSAS CITY — How factors ranging from artificial intelligence to global conflict will drive the economy ahead will be among topics to be addressed by Jan Lambregts, Rabobank’s London-based head of global economics. Lambregts will speak June 4 at the 2024 Purchasing Seminar sponsored by Sosland Publishing Co. Now in its fifth decade, the […]
Read More[ad_1] ST. LOUIS — Fiscal 2023 was a year of progress on Bunge Global SA’s long-term strategy, highlighted by shareholder approval for its pending combination with Viterra; announcement of a pending acquisition of CJ Selecta, a Brazilian-based manufacturer and exporter of soy-based products; and ground-breaking ceremonies at the company’s new soy protein concentrate plant in […]
Read More[ad_1] PENNSAUKEN, NJ. — J&J Snack Foods Corp. leveraged its brands and incremental customer opportunities to “maximize every sales opportunity” during the first quarter of fiscal 2024, moves that helped the Pennsauken-based company limit its sales decline while turning in a year-over-year earnings gain, said Daniel J. Fachner, chief executive officer. Net income at J&J […]
Read More[ad_1] WICHITA, KAN. — Cargill has acquired two case-ready meat plants in North Kingstown, RI, and Camp Hill, Pa., from Infinity Meat Solutions, a subsidiary of Ahold Delhaize USA. Financial terms of the transaction were not disclosed. The 209,000-square-foot facility in North Kingstown opened in October 2020. The Camp Hill plant employs 800 and produces […]
Read More[ad_1] CHICAGO — Consumers want healthy, indulgent, convenient and less expensive. Advocates for the dairy industry see dairy ingredients fulfilling those desires and much more. “Dairy consumption is hot,” said Michael Dykes, president and chief executive officer, International Dairy Foods Association (IDFA), Washington, at Dairy Forum 2024 held Jan. 22 in Phoenix. “We’ve had a […]
Read More[ad_1] WASHINGTON — The foodservice industry is expected to see a record $1.1 trillion in sales in 2024, according to the National Restaurant Association (NRA). The optimistic prediction comes from the group’s annual “State of the Restaurant Industry” report, which uses survey responses from restaurant operators and consumers and analyses from NRA economists to identify […]
Read More[ad_1] ST. LOUIS — “Vastly improved” manufacturing performance and discipline in pricing and cost management helped Post Holdings, Inc. build off momentum from the back half of fiscal 2023 and kick fiscal 2024 off with a strong start, said Robert V. Vitale, president and chief executive officer. “Our business continues to benefit from diversification in […]
Read More[ad_1] WESTERVILLE, OHIO — A successful licensing program with Chick-fil-A and Buffalo Wild Wings has paid huge dividends for Lancaster Colony Corp. over the past few years. Now, the manufacturer and marketer of specialty food products for the retail and foodservice industry has its sights set on another giant in the quick-service restaurant industry: Subway. […]
Read More[ad_1] BELOIT, WIS. — International flavors, spiciness, bold and unusual flavor combinations, and orange chocolate, were identified as emerging trends in Kerry’s 2024 global taste charts, “A World of Future Tastes.” Such international cuisines as Filipino dishes have been some of the popular flavors emerging in the United States. In addition, Halo-Halo cocktails, ube burgers, and […]
Read More[ad_1] BIGFORK, MONT. — The Food and Drug Administration (FDA) is likely to pay more attention to chemical risks, allergen thresholds and enforcement of the Food Safety Modernization Act (FSMA) in 2024. The forecast for this year’s major regulatory trends comes from David Acheson, MD, founder of The Acheson Group and former associate commissioner for […]
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