Smithfield attracts strong fresh pork revenue
US processor Smithfield Foods has reported strong fresh pork earnings in the second quarter, despite a 91% drop in overall earnings as a result of a debt extinguishment charge.
News & Analysis on Food & Beverage Development & Technology
US processor Smithfield Foods has reported strong fresh pork earnings in the second quarter, despite a 91% drop in overall earnings as a result of a debt extinguishment charge.
Many successful food brands have a founding myth. In the case of Bear Naked Granola, it is the story of the co-founders offering “breakfast in bed” to the wrong person.
ANALYST INSIGHT
Diageo remains tight-lipped on reports it may make a $10bn+ swoop for Beam Inc. but one analyst tells BeverageDaily.com he believes no imminent deal is likely, given the firm’s preoccupation with United Spirits and Jose Cuervo.
The US is tightening hygiene controls on ground and mechanically-separated poultry in the wake of several salmonella outbreaks linked to these products.
JBS USA has announced that a former executive of XL Foods will head up its Canadian business operations.
While coconut water is best known for its hydrating properties, manufacturers are increasingly using it to cut calories and liven up 100% juice beverages, says one formulation expert.
The Canadian Food Inspection Agency (CFIA) has lifted the suspension on a meat processing company that was linked to an outbreak of listeria.