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    Highlights

    Animal Proteins

    Smithfield Foods Ends Hog Farm Contracts in Utah in Response to Pork Oversupply

    Andy Hanacek
    Dec. 6, 2023
    The move will also result in the layoff of nearly 70 Smithfield employees in the Utah hog production operation.
    Animal Proteins

    Hormel to End Turkey Harvest at Barron, Wisconsin, Plant in Favor of Value-Added Processing

    Andy Hanacek
    Dec. 4, 2023
    Jennie-O Turkey Store plant will end turkey slaughter operations in Q2 of 2024 in an effort to right-size the company’s turkey supply chain.
    Regulatory Compliance

    USDA, FDA, EPA Propose National Food Waste Reduction Strategy

    Andy Hanacek
    Dec. 4, 2023
    Public comment on the draft strategy opens Dec. 5 for 30 days; proposed framework aims to help reach goal to reduce food loss and waste in U.S. by 50% by 2030.
    Animal Proteins

    Cooks Venture Shuts Down Poultry Operations, Lays Off More Than 500 Workers

    Andy Hanacek
    Dec. 1, 2023
    The Decatur, Ark.-based producer and processor of slow-growth chicken said it could not secure financing to continue operations beyond Nov. 30.
    theimpulsivebuy
    "Limited Edition Post Xtreme Cocoa Pebbles Closeup"
    Business Strategies

    Post Holdings to Close Lancaster, Ohio, Cereal Processing Plant

    Andy Hanacek
    Dec. 1, 2023
    Company expects to shutter facility by the end of September 2024 and will move production elsewhere in its network.
    FreeAdobestock_237101912
    Business Strategies

    How AI Could Transform the Food and Beverage Industry

    Dave Fusaro
    Nov. 29, 2023
    Artificial intelligence ‘may be the most fundamental enabler of change in the food industry.’
    kraft mac and cheese prepared
    People on the Move

    Kraft Heinz Shuffles Executive Team to Support New CEO in 2024

    Andy Hanacek
    Nov. 17, 2023
    The five new executives will join new CEO Carlos Abrams-Rivera in leading Kraft Heinz at the start of the 2024 fiscal year.
    Shutterstock 2035891061
    Business Strategies

    GAO: USDA's Sugar Program Costs Consumers $2.5-3.5 Billion a Year

    Andy Hanacek
    Nov. 1, 2023
    U.S. Government Accountability Office (GAO) review finds consumers and food manufacturers in 2022 paid twice the world price for sugar.
    Shutterstock 293225864
    Business Strategies

    Unilever Will Freeze CEO Salary to Try to Appease Frustrated Shareholders

    Andy Hanacek
    Oct. 31, 2023
    Hein Schumacher took over CEO post in July and has had to juggle investor unease regarding social purpose strategies versus performance, as well as company’s involvement in Russia...
    Shutterstock 2008850003
    Beverage Products

    Keurig Dr Pepper Enters Sports Hydration, Partnering with Mexico’s Electrolit

    Andy Hanacek
    Oct. 27, 2023
    KDP will sell, distribute and merchandise the Electrolit brand in the U.S., where it already generates more than $400 million in sales.
    Courtesy of Process Expo
    process expo rebranding to eats press conference
    Business Strategies

    Process Expo Rebrands, Will Be Called EATS Starting with 2025 Edition

    Andy Hanacek
    Oct. 25, 2023
    New identity and strategy of Equipment And Technology Show for Food & Beverage (EATS) will target eight industry segments while reinforcing popular elements of past Process Expo...