Brazil has taken a decisive step to combat soaring food costs by eliminating import taxes on essential food items. The government’s announcement on March 7, 2025, comes as food inflation reached an alarming 7.69% in 2024, significantly outpacing the overall inflation rate of 4.83%. Brazilian households have felt the pinch most acutely in their grocery […]

Hostess Brands Inc. has just added an exciting new treat to its beloved Donettes lineup with the nationwide launch of Apple Cinnamon Fritter Rings on March 3, 2025. These soft and fluffy donut treats feature real apple pieces and warm cinnamon wrapped in a sweet glaze, bringing the classic apple fritter experience to a convenient, […]

In a significant move that’s reshaping the Italian food landscape in America, Colavita USA has acquired Vitelli Foods, home of the historic Luigi Vitelli brand of pasta and tomatoes. This strategic acquisition solidifies Colavita’s standing as the third-largest importer of Italian pasta in the United States while substantially boosting its presence in the tomato market. […]

New Water Capital Partners II LP has recently completed a significant acquisition of Dutch Gold Honey, marking a pivotal moment in the American honey industry landscape. The transaction encompasses not only the main honey production business but also related entities including McLure’s Honey & Maple Products, Gamber Container Company, The Bacon Jug Company, and DGH […]

Starbucks has heralded a significant shift in its executive team with the appointment of Cathy Smith as its new Chief Financial Officer, effective April 2025. The seasoned finance executive brings an impressive background from her current role at Nordstrom and previous positions at retail giants including Target, Express Scripts, and Walmart International. Starbucks CEO Brian […]

Global sugar prices have plummeted to six-week lows as of early March 2025, creating ripples across international markets. The sudden drop stems from a combination of abundant supplies and lackluster demand, with major trading houses like Wilmar International Ltd and Sucres et Denrees SA delivering a record 1.7 MMT of raw sugar against futures contracts. […]

Ocean Spray Cranberries, Inc. has announced the promotion of Monisha Dabek to Chief Operating Officer, effective March 5, 2025. This strategic leadership move elevates Dabek from her previous role as Chief Commercial Officer and General Manager for the USA region. In her expanded capacity, Dabek will oversee critical operations including USA Commercial Business, Global Branded […]

The United States protein market has emerged as a dynamic center for innovation and growth, with over $4.5 billion in venture capital funding invested in alternative protein startups in the last decade. This investment surge reflects the market’s powerful combination of world-class infrastructure, favorable regulations, and increasing consumer interest in diverse protein sources. The US […]

In a decisive move for Tasmania’s cheese industry, Saputo Dairy Australia has struck a deal to sell the iconic King Island Dairy to a newly formed Australian entity, King Island Dairy 2 Pty Ltd. The landmark transaction, announced on March 7, 2025, encompasses the dairy facility, brand, onsite Cheese Store, and two local farms that […]

President Donald Trump’s decision to impose tariffs on Canada and Mexico marks a significant shift in North American trade dynamics, leveraging the International Emergency Economic Powers Act (IEEPA) to address what his administration deems critical national security concerns. At the heart of this policy lies the devastating fentanyl crisis, which has been responsible for 68% […]