Summary: Hormel Foods experienced higher prices for pork and beef in fiscal year 2025, with turkey supplies limited by the avian flu, according to interim CFO and Controller Paul Kuehneman during a Dec. 4 earnings call. Cost inflation for pork…
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Key Points: President Donald Trump has ordered a federal investigation into U.S. food-related industries and foreign-controlled companies for potential price fixing in response to rising grocery costs. The Department of Justice and the Federal Trade Commission have been directed to…
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Dive Brief: Kellanova, a multinational food company, has announced a partnership with Varaha, Asia’s largest carbon project developer, to reduce supply chain emissions through regenerative agriculture practices. The deal aims to help 12,500 acres of corn farms in India adopt…
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Key Points: Keurig Dr Pepper anticipates approximately $200 million in supply chain savings for its coffee business over the next three years following the acquisition of JDE Peet’s. The company plans to spin off its coffee unit into a separate…
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Welcome to our Blog! With the holiday season fast approaching, food companies are facing familiar challenges in ensuring their inventory is not only secure, but also ready to move efficiently and responsively. In today’s ever-changing landscape of tariff volatility, shifting…
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General Mills Announces Closure of Three Manufacturing Plants in Missouri General Mills is closing three manufacturing plants in Missouri as the cereal and snacks company aims to make its supply chain more competitive. The closures, part of a multiyear organizational…
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In today’s complex global supply chain, various challenges such as commodity price fluctuations, ingredient shortages, and changing trade policies are putting pressure on manufacturers. From cocoa to coffee to vanilla, even everyday products like eggs are being impacted by climate…
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Key Highlights: Mars recently partnered with Italian energy company Enel to secure clean energy contracts in the U.S., aiming to decarbonize its supply chain and meet electricity needs. These power purchase agreements with Enel North America mark the largest transaction…
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Important Update from Tyson Foods: A recent announcement from Tyson Foods revealed that their head of supply chain has departed from the company due to a violation of the company’s code of conduct. This marks the second time in just…
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Key Takeaways: Conagra Brands is set to boost investments in its supply chain to enhance resiliency, with approximately $450 million allocated for capital expenditures in fiscal year 2026, as disclosed in a July 10 earnings call presentation. The company faced…