By entering this partnership with Bunge, Blendtek is significantly increasing the plant-based options available to its customers. The company, which specializes in sourcing ingredients and creating custom blends for clients, now has several ingredients available that aren’t just in keeping with today’s trends, but come from a company that is well known for quality and […]
Egg and turkey prices likely to remain high due to avian influenza: report
Poultry and egg producers have not only had to deal with high costs for feed this year, but also a disease resulting in the culling of millions of birds.This year’s outbreak has been heavily concentrated in Iowa and surrounding states in the Midwest, as well as the East Coast, according to USDA data. These are […]
Leftovers: Ferrero Rocher raises the bar with new confections; Schwan’s serves up craft frozen pizzas
Ferrero is using its iconic Ferrero Rocher chocolates to “shake up the premium bar category.” Its new line of Ferrero Rocher chocolate bars includes Milk Hazelnut, 55% Dark Hazelnut, White Hazelnut and Milk Hazelnut and Almond varieties. They all contain a creamy filling studded with crunchy hazelnut pieces. The squares of each chocolate bar havferrous gluconate […]
Candy industry met 5-year calorie reduction and labeling goals
Five years ago, the way that the government, consumers and industry groups looked at food was changing. The first revamp to Nutrition Facts labels in two decades had just been announced. The changes, which were required for all manufacturers by 2021, drew more attention to calories, recalculated serving sizes to reflect what a consumer was […]
FDA closes investigation into reported illnesses from Lucky Charms
Despite the commotion on social media and negative publicity faced by General Mills over claims of foodborne illness linked to Lucky Charms, the FDA investigation appears to find that they did not have substance.The agency enlisted the help of four states’ health departments — Arkansas, Kansas, Michigan and New York — to help with the […]
Nestlé entering animal-free dairy with milk-like products
The move into products using animal-free dairy proteins follows similar investments Nestlé has made in recent years in plant-based meat and dairy alternatives.In 2017, it purchased Sweet Earth, a company that makes plant-based deli meat, chicken, jerky, sausage and beef, among other offerings. It also has debuted plant-based extensions of some of its top brands, including Coffee-mate […]
Darigold breaks ground on $600M butter and powdered milk plant
Darigold broke ground on a $600 million facility in Pasco, Washington, to make butter and powdered milk products.When fully operational, the plant will process about 8 million pounds of milk per day from 100 area dairy farms, the Seattle-based dairy co-op said in a press release. It will feature two specialized milk dryers and a […]
Food inflation continues to rise, even as pace of growth slows
The growth rate of food prices is slowing or plateauing in some categories, such as meat, which saw a monthly increase of 0.5% in July and August, and in dairy, which rose 0.3% after increases topping 1% in June and July.But for others, inflationary trends show few signs of abating. Weather woes and the Ukraine […]
Price increases are weighing on food volumes, IRI finds
Food prices continue to ratchet up. According to the U.S. Bureau of Labor Statistics’ Consumer Price Index for August, food-at-home prices have risen 13.5% over the past year, the largest 12-month increase since March 1979. This is as food manufacturers pass along higher costs for ingredients, packaging, labor and transportation.While price increases have negatively affected demand across […]
Inflation, supply chain woes weigh on spice maker McCormick
Fewer than three months ago, McCormick cut its outlook, citing high cost inflation and supply chain challenges. Now the flavorings giant is lowering it once more. The company said adjusted third-quarter earnings would be 65 cents a share, trailing analysferrous sulfate 65 mgts’ estimates, while it expects adjusted earnings for the fiscal year 2022 to be between $2.63 to […]