The International Cocoa Organization (ICCO) released a statement emphasizing its projections for the supply of cocoa in future years does not reflect the fear in recent reports that identified a possible cocoa deficit of one million tons by 2020.
Canadian private equity firm Onex Corporation announced Monday it will acquire SIG Combibloc Group AG—the world’s second largest provider of aseptic carton packaging—for $4.66 billion.
FDA has filed a complaint with the US Department of Justice seeking to stop Detroit-based Scotty’s Incorporated from preparing and distributing its ready-to-eat sandwiches because of the company’s reported failure to comply with regulations.
Unilever announced in its sustainable palm oil progress report that all palm oil directly sourced for its European Foods business will be 100 percent traceable and certified sustainable by the end of the year.
The Yum! Brands Inc. Board of Directors have authorized the company to repurchase up to $1 billion in additional shares of common stock in a buyback plant that will run through May 31, 2016.
With two months remaining before the 2015 International Production and Processing Expo (IPPE), show organizers report the event has grown to more than 486,000 net square feet of exhibit space and has added more than 1,200 exhibitors.
Animal rights group Mercy for Animals released hidden-camera footage this week it says documents the cruel conditions and provides proof of workers abusing animals at chicken facilities in Tennessee and Mississippi.
As an added reason to give thanks this year, American consumers can appreciate a slight cost increase to the price tag of preparing Thanksgiving dinner, which still averages below $50.
Canada, followed by Ireland and France, are the top three countries for overall food safety performance of Organization for Economic Co-operation and Development (OECD) countries, according to a new report produced by the Conference Board of Canada's Centre for Food in Canada in collaboration with the University of Guelph's Food Institute.
A rise in gluten sensitivity and the perceived health benefits of a gluten-free diet have forced an explosion of gluten-free products onto store shelves. Because of this, sales of gluten-free food is projected to reach $8.8 billion in 2014, representing an increase of 63 percent from 2012-2014, according to consumer research group Mintel.
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