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Food Industry News

Pilgrim's Pride Gets OK to Access $450M in Funds

PRNewswire-FirstCall
December 31, 2008 - The debtor-in-possession facility, combined with cash flows generated from ongoing operations, allows the poultry processor to continue its business operations....
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Pepsi Hopes New Look Reinvigorates Sodas

The Atlanta Journal and Constitution
December 31, 2008 - As U.S. consumers continue to move away from carbonated soft drinks PepsiCo is placing a huge bet on a sweeping and somewhat cryptic brand makeover....
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Store Brands Redefined

Florida Times Union
December 31, 2008 - Supermarket-specific items are flying off the shelves in record numbers....
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Processed Food Ingredient Linked to Growth of Lung Cancer

Belfast Telegraph
December 31, 2008 - Inorganic phosphates are used in a wide range of meat, seafood, cheese and bakery products to preserve flavor and texture....
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N.Y. Case for 'Fat Tax' Goes Viral

Times Union
December 31, 2008 - The New York state health commissioner is using a YouTube video to explain the need for raising taxes on sugary soft drinks....
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Lower Gas Prices Don't Mean Cheaper Food

The Oakland Tribune
December 30, 2008 - The good news is economists are forecasting lower inflation rates for 2009--3.5 to 4 percent....
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Egg Producer Cal-Maine Sees Higher Sales for 2009 First Half

Business Wire
December 30, 2008 - The company's net income was lower than for the same period of 2008, however....
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Colo. Ag Industry Could Face Trouble From Federal Regulations

Colorado Springs Business Journal, The
December 30, 2008 - Experts say, however, that the state's $6.3 billion industry should be able to survive the current economic storm--if it doesn't last too long....
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G. Willi-Food Lowers Outlook for Next Six Months

PRNewswire-FirstCall
December 30, 2008 - The international packaged and kosher foods company has announced that it will manage its inventory orders months ahead by opening letters of credit and signing committed orders with its foreign vendors....
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Soybean Acreage, Prices Rise for Second Year in Mississippi

Commercial Appeal, The
December 30, 2008 - Experts are predicting these trends will continue in 2009 despite the escalating threat of voracious eating insects....
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