The US Commodity Futures Trading Commission (CFTC) filed civil complaints in US District Court Wednesday against Kraft Foods Group, Inc. and Mondelez Global LLC, charging the companies with manipulation and attempted manipulation of the prices of cash wheat and wheat futures which led to over $5.4 million in profits.
Proving once again that beer is big business, the Brewers Association released its annual lists of the top 50 craft and overall brewing companies in the US, based on sales volume.
Increasing population and a trend towards healthier lifestyles has given birth to a sustained gluten-free products market which is projected to be worth nearly $6.84 billion by 2019, according to the market researcher MarketsandMarkets in the recent report “Gluten-Free Products Market by Type (Bakery & Confectionery, Snacks, Breakfast Cereals, Baking Mixes & Flour, and Meat & Poultry Products), Sales Channel (Natural & Conventional) & Geography - Global Trends & Forecasts to 2019”
Mergers and acquisitions within the $28 billion pet food market have become common in recent years, but the companies doing the buying are not those known to the category with more companies known for producing human food entering the pet food market.
USDA’s National Institute of Food And Agriculture (NIFA) awarded 36 grants to enhance food safety totaling $19 million, including $6.7 million for antimicrobial resistance strategies.
That iconic Chesapeake Bay blue crab you ordered at a local Maryland or Washington, DC restaurant just might not be the real thing according to a recent study from Oceana that suggests a massive mislabeling scam.
The show floor for the co-located PROCESS EXPO, International Dairy Show and InterBev Process has exceeded 300,000 net square feet, and continues to grow, according to organizers the Food Processing Suppliers Association (FPSA), the International Dairy Foods Association (IDFA) and NürnbergMesse.
At the request of FDA, a California judge has ordered a Los Angeles seafood company, L.A. Star Seafood Company Inc., to halt production until the company can demonstrate to FDA it is in compliance with food safety laws and regulations.
The Occupational Safety and Health Administration (OSHA) scheduled a meeting of the Whistleblower Protection Advisory Committee (WPAC) for April 20-21, in Washington, DC.
USDA’s Animal and Plant Health Inspection Service (APHIS) has confirmed the presence of highly pathogenic H5N2 avian influenza (HPAI) in a commercial turkey flock in Stearns County, Minnesota—making it the third commercial flock in the state to test positive.