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.
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.
The Beef Checkoff Program, established in 1985, is a producer-funded marketing and research program designed to increase demand for beef. The Cattlemen's Beef Board and USDA jointly oversee the collection and spending of checkoff funds, but now the cattlemen say the government is trying to “hijack” the program.
Thousands of packaging and processing professionals gathered in Chicago for PACK EXPO International 2014 last week to see and explore the industries latest technologies.
Yogurt manufacturer Chobani has launched its new Food Incubator program to “invest in and cultivate” emerging food entrepreneurs, the company announced this week.