Food Industry News
A collection of Food latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Food Forward aims to catapult Oregon's food industry to a global stage
Food The efforts hopes to push Oregon's food industry to be alongside some of the world's most-celebrated culinary regions, like Rhone Valley, France and Oaxaca, Mexico. PORTLAND, Oregon — This story comes from the Portland Business Journal…
Watch Food Industry is 'Crazy and Wild' as Costs, Prices Rise, Says Stew Leonard's CEO
Food Industry is 'Crazy and Wild' as Costs, Prices Rise, Says Stew Leonard's CEO Stew Leonard Jr, president and CEO of grocery store Stew Leonard's, said that grocery store owners don't want to raise prices on consumers, but that the landscape of…
Biden's Farm-And-Food Tax: A Gift To Cronies, But A Blow To Farmers
A farmer spreading fertilizer on his field on a Saturday night. (Photo By Harold Hoch/MediaNews Group/Reading Eagle via Getty Images) MediaNews Group via Getty Images President Trump returned to office facing an enormous cleanup job. He and his…
Reeves to work with supermarket bosses amid fears over food inflation
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The Chancellor and supermarket bosses agreed to explore…
Food inflation 'could hit 10%' amid Middle East chaos
Industry experts have warned food inflation could hit near to 10 per cent by the end of this year as Donald Trump 's war in Iran drives up costs. Economists for the Food and Drink Federation (FDF) are now predicting food inflation will reach at…
Major warning to UK households about just how much food bills could rise
Food prices could surge by 10% this year, even if the Middle East conflict is resolved soon, industry chiefs have warned. Trade body the Food and Drink Federation has hiked its forecast for how much it thinks food and drink prices will rise this…
Everest guides 'lace climbers' food to trigger rescues' in £15m scam
Guides taking tourists up and down Mount Everest have allegedly been secretly lacing climbers' food to trigger costly helicopter rescues as part of a pervasive £15million insurance scam, according to a new investigation. Though the world's…
Are We Headed for Another Food Price Crisis?
An old commodity-trade adage is that the Middle East “sells hydrocarbons to buy carbohydrates.” The desert states send out their oil and natural gas, and in comes wheat and rice. There are a few things produced in the Gulf, however…
Food prices to rise by almost 10% due to Iran war, warns key industry body
Food bills are set to soar as much as 10 per cent this year as a direct consequence of the Iran war, a key industry body has warned. The Food and Drink Federation (FDF), which represents 12,000 food and drink manufacturers, has hiked its inflation…
McCormick And Unilever Foods: Not A Happy Merger Yet (NYSE:MKC)
McCormick is merging with Unilever's Foods business to create a $20 billion global flavors and foods giant, with McCormick as the surviving entity. The deal values Unilever's business at $44.8 billion and McCormick at $21 billion, with Unilever…
Lifeway Foods soars after raising guidance on strong demand trends (LWAY:NASDAQ)
Lifeway Foods (LWAY) soared in Wednesday afternoon trading after the Illinois-based company issued preliminary first-quarter results. The health food company expects sales for Q1 to be in the range of $60.8M to $62.3M, which would mark a…
Air fryers will make three common foods tastier than the oven and frying pan
Air fryers have flooded the market and become essential kitchen kit in homes across Britain. Nearly every major kitchen appliance manufacturer produces one, with many offering an extensive range. You'll find standard air fryers in various shapes…
How the Iran war could shatter global food security
The U.S.-Israeli war with Iran could trigger a new food price shock pushing tens of millions into acute hunger if it drags on, officials across the world are warning. Rising energy, shipping and fertilizer costs fueled by Tehran's stranglehold on…
Hormel Foods Corp. stock underperforms Tuesday when compared to competitors
Shares of Hormel Foods Corp. HRL slid 1.61% to $22.65 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 2.91% to 6,528.52 and the Dow Jones Industrial Average DJIA rising…
Middle East war could drive UK food inflation to 9% this year, trade body warns
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Food inflation could soar higher than 9% by…
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