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Food Industry News

Monsanto Shares Surge After Higher Profit, Earnings Forecast

St. Louis Post-Dispatch
January 08, 2009 - The biotech crop giant announced that its fiscal first-quarter profit more than doubled on increased sales of seeds and Roundup herbicide....
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FDA: Food Makers to Acknowledge Bug-Based Additives

Newsday, Melville, N.Y.
January 08, 2009 - Starting in two years, food and cosmetics manufacturers will have to disclose their use of "carmine" or "cochineal," which is sourced from crushed beetle-like insects....
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Sunwin Commences Bulk Sales of RA50 Stevia Product

Market Wire
January 08, 2009 - The company has received an order valued at approximately U.S. $850,000 for the sugar substitute....
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Landec's Profit Falls as Revenues Rise in First Half of Fiscal 2009

Business Wire
January 08, 2009 - Net income for the first six months decreased to $4.3 million, compared to net income of $6.2 million for the same period last year....
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Supervalu's 3Q Results Hurt by Impairment Charges

Associated Press
January 08, 2009 - More bargains are on deck at the grocery chain as it works to find ways to keep its sales and profits growing....
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Perdue, EPA Reach Agreement to Reduce Waste Runoff

Lexington Herald-Leader (Lexington, Ky.)
January 07, 2009 - Under the agreement, farmers who grow chickens for Perdue will receive training in controlling runoff and managing litter disposal....
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Rhode Island's Aquaculture Industry Makes Waves

Providence Journal
January 07, 2009 - The state is home to 27 aquaculturists, and a small group of them in South Country work cooperatively to ship shellfish and are planning to form a more structured co-op....
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FDA Set to Gain Authority Over Cigarettes

International Herald Tribune
January 07, 2009 - Congressional Democrats have expressed support for regulating cigarettes through FDA, raising per-pack sales taxes and ratifying an international anti-tobacco treaty....
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Kroger Uses Loyalty Data to Target Coupons

Associated Press
January 07, 2009 - The nation's largest traditional grocery chain says as many as half the coupons it sends regular customers do get used....
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Affordability May Be the Top Food Trend in 2009

Winston-Salem Journal
January 07, 2009 - A Winston-Salem Journal food columnist predicts some consumers will ignore nutrition in favor of calories as money gets tighter....
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