Butter, fruit, vegetable, poultry and total red meat stocks on Dec. 31, 2012, were higher than year-earlier levels, but egg stocks were lower and cheese stocks were slightly lower.
Growth in the U.S. and expansion in China and the rest of Asia helped contribute to a 13% increase in earnings during the first quarter for Starbucks Corp.
Restaurant operators interested in offering gluten-free items are more often highlighting naturally gluten-free options and making simple changes as opposed to developing new innovation.
Food prices in the U.S. this year are expected to increase between 3-4%, according to estimates from both the U.S. Department of Agriculture and the nation’s largest farm group.
Dow Chemical Co. (DOW) said a new genetically modified corn seed won't be available for U.S. farmers until at least the 2014 growing season, as the company is still awaiting regulatory approval.
US-based candy producer Leaf Brands has entered into a sales agreement with Consolidated Sales Network (CSN) to represent its full product line in the US and Canada.
US-based foodservice equipment company Middleby has acquired Spooner Vicars Bakery Systems, a manufacturer of baking systems for the cookie and cracker industry.