Food Industry News

As Commodities Prices Drop, so Do Product Costs

Chicago Tribune
August 12, 2008 - After months of steeply rising prices, oil prices are down 20 percent in the last four weeks and a market basket of commodities, including corn and wheat, is down 15 percent....
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Labelwatch.com Launched to Inform Consumers About Brand-Name Foods

Business Wire
August 12, 2008 - On the site, ingredients are linked to a glossary that is color-coded for easy understanding....
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Pilgrim's Pride Cutting 600 More Jobs as Feed Costs Soar

The Dallas Morning News
August 12, 2008 - The nation's largest chicken processor had earlier announced 1,700 staff cuts....
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Nebraska Beef issues Second Recall in Less Than a Month

The Commercial Appeal (Memphis, Tenn.)
August 12, 2008 - The processor has recalled another 1.2 million pounds of beef products that might have sickened more than 30 people....
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Editorial: Food Police Face an Impossible Task

The Charleston Gazette (West Virginia)
August 12, 2008 - A columnist asks, "Who's going to stop the young mother who takes her precious little 2-year-old into the 7-Eleven for breakfast?"...
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Whole Foods' Big Markdown

Business Week
August 11, 2008 - On Aug. 6, the largest U.S. organic grocery chain saw shares fall nearly 20% in mid-day trading after it reported third-quarter profits of $33.9 million, a 31% decline from the previous year....
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Presidential Candidates Differ on Farm Policies

Bismarck Tribune (North Dakota)
August 11, 2008 - Here are the major farm policies advanced by presidential rivals John McCain and Barack Obama....
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Food Chains Passing Soaring Grain Costs on to Consumers

Deseret News (Salt Lake City)
August 11, 2008 - Companies throughout the food chain are changing the way they do business in response to soaring raw materials costs....
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Cargill Keen on Cocoa, Specialty Fats Businesses

New Straits Times (Malaysia)
August 11, 2008 - Cargill has been investing in Malaysia for 30 years and one of its main exports is palm oil....
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Fuel Costs, Farm Costs

Deseret News (Salt Lake City)
August 11, 2008 - Farmers nationwide face exponentially rising costs for fuel, fertilizer and animal feed....
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