prices

Post Holdings Faces Egg Supply Challenges Amid Bird Flu Outbreak Post Holdings, a major player in the consumer foods industry, recently revealed that an outbreak of bird flu at one of its subsidiaries, Michael Foods, has significantly impacted its egg…

President-elect Donald Trump’s plan to implement tariffs on imported goods has raised concerns about the impact on the food industry in the United States. According to federal data, the reliance on imported food has been steadily increasing over the years.…

Halloween Candy Prices on the Rise Due to Cocoa Shortage This Halloween, candy lovers may notice a spike in prices for popular Hershey and Mars chocolate bars. The cost of cocoa has doubled since the beginning of 2024, and experts…

Dive Brief: McDonald’s has filed a lawsuit against four major meat producers – Tyson, JBS, Cargill, and National Beef Packing, accusing them of colluding to raise beef prices through antitrust violations. The lawsuit, filed in a New York federal court,…

Hormel Foods Corp Faces Challenges in Third Quarter Earnings Hormel Foods Corp reported weaker third-quarter earnings compared to last year, attributed to lower whole turkey prices and production issues at a Planters peanut factory. Sales in the retail category declined…

Egg Prices Surge Amid Bird Flu Outbreak and High Demand Dive Brief: Egg prices are on the rise due to a bird flu outbreak and increased consumer demand. Wholesale egg prices surpassed $3 per dozen in August, up from the…

Amid rising inflation and financial pressures on U.S. households, PepsiCo has announced plans to reduce prices on select snacks to cater to value-conscious consumers. The food and beverage giant, known for brands like Fritos, Doritos, and Pepsi, highlighted the shift…

Beef Prices Remain High, But Demand Continues to Drive Sales Despite higher prices driven by strong demand and limited domestic cattle supplies, home cooks are still purchasing beef for grilling this season, according to meat analyst Lance Zimmerman. Retailers have…