Key Points: Consumer egg prices reached a record high last month despite the fading bird flu outbreaks that had limited supply. In March, the average cost of large, grade A eggs was $6.23 per dozen, marking a 5.9% increase from…
Food News
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Dive Brief: Post Holdings announced plans to close cereal manufacturing facilities in Cobourg, Ontario, and Sparks, Nevada, due to ongoing struggles in the breakfast staple market. The closures, expected by the end of December, will affect around 300 employees. The…
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Dive Brief: Bazooka Brands has recently unveiled a new manufacturing facility for Ring Pops, capable of producing 1.5 million candies per day. The new 120,000 square foot plant in Moosic, Pennsylvania, is four times larger than its predecessor and represents…
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Key Points: Aaron Gwinner has been appointed as SVP, chief digital and technology officer at Campbell’s Company. Gwinner brings extensive experience from Reynolds American and The Coca-Cola Company to his new role. Gwinner will report to Dan Poland, Campbell’s EVP…
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Exciting News: Diageo has made a strategic move by exchanging its ownership of Cîroc Ultra-Premium Vodka in North America for a majority stake in Lobos 1707 Tequila, a brand endorsed by NBA superstar LeBron James. This transaction marks the first…
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Welcome to the Latest News: Castillo Hermanos, a prominent business conglomerate from Guatemala, has recently announced its acquisition of Harvest Hill Beverage Company, the maker of popular drinks such as SunnyD, Juicy Juice, and Little Hug. The purchase was made…
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Investigation Launched Against WK Kellogg Co by Texas Attorney General Ken Paxton for Alleged Violations of Consumer Protection Laws Related to Cereal Health Claims Paxton has raised concerns about Kellogg’s cereals being marketed as “healthy” despite the presence of…
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Shortly before President Trump’s announcement of broad baseline tariffs on Wednesday afternoon, the U.S. Department of Commerce released a document outlining separate 25% duties on beer and aluminum cans, set to go into effect just after midnight on Friday. The…
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Food News
The Weekly Sip: AriZona brews private-label iced tea for 7-Eleven | Non-dairy milk company Califia Farms enters juice
The Weekly Sip is Food Dive’s column focused on the latest news in the rapidly changing and growing beverage sector. From inaugural product lines to big investments and controversial topics, this column aims to quench the thirst for developments in…
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Unlocking the Power of Sweet Proteins: A New Era in Food and Medicine Humans have evolved to have a sweet tooth, a survival mechanism from our hunter-gatherer days. However, in today’s world of abundant sugary treats, this natural preference has…