Yeast specialist Ohly, part of the ABF Ingredients group, has acquired the speciality savory ingredients company Bakon Yeast Inc located in Rhinelander, Wisconsin, for an undisclosed sum.
Kraft Foods is facing another potential grilling about its takeover of Cadbury in early 2010 with the US Securities and Exchange Commission (SEC) examining its actions in relation to India under the US Foreign Corrupt Practices Act (FCPA).
Exporters to the US and domestic importers can expect much closer scrutiny of their food safety controls, following the signing of the Food Safety Modernization Act by President Barack Obama in January.
US food prices could surpass those seen during the 2008 food price crisis this year, as higher commodity and energy prices cause food makers to pass on costs, according to the US Department of Agriculture (USDA).
Rice bran ingredient supplier NutraCea has reported a net loss of $32.1m in the year ended December 31, 2009, according to results filed with the US Securities and Exchange Commission (SEC).
The food industry has a responsibility to label allergenic ingredients as big and bold as they can – but also not to over-egg the slimmest of slim possibilities that a trace amount of an allergen may have slipped into a product.
