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All-American July 4th Cookout Down Slightly, Remains Under $6 Per Person

In News, Press Releases by Press0 Comments

WASHINGTON, June 26, 2017 /PRNewswire-USNewswire/ — A cookout of Americans’ favorite foods for the Fourth of July, including hot dogs, cheeseburgers, pork spare ribs, potato salad, baked beans, lemonade and chocolate milk, will cost slightly less this year, coming in at less than $6 per person, says the American Farm Bureau Federation. Farm Bureau’s informal survey reveals the average cost …

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Food Companies Taking Bite Out of Ripe Meal Kit Delivery Market

In News, Trends by Kristen Runvik0 Comments

The meal kit market is ripe for the picking, and food companies are making big moves. In the last two months alone, Nestlé, Campbell, and Unilever have invested millions of dollars in meal kit companies. Meal kit companies deliver fresh ingredients and recipes, or sometimes an entirely prepped meal, direct to consumer door steps. This market is expected to hit …

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Product Development Teams Cleaning Up Labels in 2017: Report

In News, Research by Kristen Runvik0 Comments

New survey results from Food Processing’s 46th annual R&D survey show that R&D teams are focusing on cleaning up product labels in 2017, ignited by big label changes initially set for 2018, but now delayed, like GMO labeling and the new nutrition fact label. Here are some of the survey highlights. Added sugars, GMO ingredients, and sodium are on the …

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Amazon Acquiring Whole Foods Market in Massive $13.7B Deal

In News by Kristen Runvik0 Comments

Amazon announced today they will acquire Whole Foods Market for $42 a share in an all-cash transaction valued at an impressive $13.7 billion. The Austin-based organic and natural foods grocery giant will continue to operate under the Whole Foods Market brand. Co-founder John Mackey will remain as CEO and the Whole Foods headquarters will stay in Austin, Texas. “Whole Foods …

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Food Prices Continue to Rise in May: CPI Data

In News, Trends by Kristen Runvik0 Comments

Food prices rose for the fifth consecutive month in May, according to the latest Consumer Price Index (CPI) data. In April, fresh veggies — specifically lettuce — were to blame for high food prices. In May, the cost of fresh fruits and veggie went down, but food prices at home and away from home inched up, resulting in an overall …

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[Webinar] What Your Competitors are Doing That You Might Not Know About

In News by Krista Garver0 Comments

Are you having trouble getting — and keeping — your prospects’ attention? Do you find your competitors are often beating you to the punch? Do you see their names every time you go online? Later this month [date TBD], we’ll be hosting a webinar on digital marketing for the food manufacturers and their suppliers. In it, you’ll discover the tactics …

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FDA Delays Deadlines for New Nutrition Facts Label

In News, Regulatory by Krista Garver0 Comments

The FDA announced today on its website that it intends to extend the compliance dates for the new nutrition facts label. The original compliance date was July 26, 2018, for manufacturers with more than $10 million in annual sales and July 26, 2019, for manufacturers with less than $10 million in annual sales. The agency did not specify new dates, …

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General Mills Affirms Commitment to Clean Energy Through Wind Power

In News, Sustainability by Krista Garver0 Comments

General Mills announced today that it has signed a 15-year agreement with Renewable Energy Systems to help fund the construction of a wind energy project in Texas. The project will help the food company meet its goal of reducing greenhouse gas emissions, as well as create 250 jobs in the clean energy workforce. John Church, General Mills Executive VP of Supply …

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Ag Producer Sentiment Steady in May; Majority Support NAFTA Renegotiation

In News by Kristen Runvik0 Comments

Survey says… agricultural producers are still feeling pretty good, according to the Purdue University/CME Group Ag Economy Barometer, released today. The barometer shot up in January. Though it has retreated from its peak, ag sentiment is still above its average since it was first measured in October 2015. A majority of producers (63%) voiced their support for renegotiating the North …

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Despite Paris Accord Withdrawal, Food Companies Still Committed to a Low-Carbon Future

In News, Sustainability by Kristen Runvik0 Comments

This week, President Trump announced his decision for the U.S. to exit the Paris Climate Agreement. In response, some food company executives spoke out against the decision and reiterated their commitment to reducing greenhouse gas emissions across the value chain. Cargill Chairman and CEO David MacLennan expressed his disappointment in a press release, saying: “Exiting international accords like the Paris …