Reuters — General Mills on Monday said it saw record demand for its pantry staples, becoming the latest packaged food maker to see business spike during the COVID-19 pandemic, as […] Read more
Tag Archives mondelez
Packaged-food majors see sales spike in pandemic
Big brands may benefit from larger, more secure supply chains
U.S. CFTC says Kraft, Mondelez to pay $16M in wheat price manipulation case
Reuters — The U.S. Commodity Futures Trading Commission (CFTC) said on Thursday Kraft Heinz and Mondelez International will have to pay US$16 million in penalty regarding a wheat manipulation case […] Read more
Ontario backs Mondelez’s Toronto bakery expansion
One of the world’s biggest snack food companies is up for an eight-figure investment from the Ontario government to boost production at its Toronto plant. The province on Monday announced […] Read more
Moving freight to get more expensive for food companies
Reuters — U.S. food companies called out rising freight costs as a reason for lower profit margins in the holiday quarter, with more pain seen in 2018 as a dearth […] Read more
Snack maker Mondelez plans for cage-free eggs by 2020
Reuters — Mondelez International, the maker of Cadbury chocolates and Oreo cookies, said it would stop using eggs laid by caged hens for its products sold in Canada and the […] Read more
Ardent to buy major Ontario soft wheat mill
The owner of Canada’s Robin Hood flour mills is poised to buy the biggest soft wheat milling operation in the country. Ardent Mills, the joint North American flour venture of […] Read more
Nestle says taking action to keep top slot in food industry
London | Reuters — Nestle told shareholders Thursday it is taking steps to maintain its position at the head of the global food industry, where consolidation will create two big […] Read more
U.S. CFTC sues Kraft, Mondelez over alleged wheat price manipulation
Reuters — The U.S. Commodity Futures Trading Commission on Wednesday charged Kraft Foods Group and Mondelez International with manipulation of prices of wheat used in products such as Oreo and […] Read more