Archives for February 19, 2015

← 2015

Campbell reorganizes its portfolio, cuts costs to drive growth

By Elizabeth Crawford

Facing tepid earnings growth and changing consumer shopping dynamics, the Campbell Soup Co. will drastically reorganize its portfolio and cut at least $200 million in costs in the next three years, executives said Feb. 18. 

DGAC: Public and private sectors must work together to achieve a population-wide culture of health

Dietary Guidelines for Americans should factor in sustainability, says DGAC report

By Elaine Watson

The Dietary Guidelines Advisory Committee (DGAC) – an panel of experts tasked with developing recommendations about what Americans should eat – has submitted its report to the U.S. Departments of Health and Human Services (HHS) and Agriculture (USDA),...

Innophos' sales down 1% for 2014 on supply bottleneck, soft demand

By Hank Schultz

Specialty phosphate producer Innophos experienced a sales decline both for its fourth quarter of 2014 and well as for the entire year. Soft market conditions were to blame as well as a continued issue with the supply of purified phosphoric acid (PPA),...

Taiwan loosens import controls on US and Canadian beef by-products

By Jens Kastner, in Taipei

Taiwan is easing its 11-year-old import ban on offal and by-products sourced from US- and Canada-reared cattle over bovine spongiform encephalopathy (BSE) concerns, by planning to classify six types of beef by-products as "non-internal organs",...

OSHA investigation under way

Contract sanitation worker dies in Tyson plant accident

By Heidi Parsons

An employee of a contract sanitation company has died after reportedly falling into a piece of equipment he was cleaning at a Tyson Foods poultry plant in Shelbyville, Tennessee.

Argentina looks to boost market access for beef

By Georgi Gyton

The Argentine Ministry of Agriculture, Livestock and Fisheries recently held a beef market access working group meeting, as it looks to make further progress this year.

Nestlé profits jump despite slow growth

By Caroline SCOTT-THOMAS

Nestlé missed its growth estimate for 2014 and has forecast around 5% growth for 2015 – at the low end of its previous target of 5-6%.