Dean Foods Co. will sell its milk processing business in Waukesha, Wis., the food maker said Monday. The plant and its related business are part of a previously announced settlement with the U.S. Department of Justice over an antitrust dispute with farmers in the Northeast. Farmers there have complained for years that Dean dominates the [...]
Apple-juice futures could be the next main squeeze for commodities traders. The Minneapolis Grain Exchange Inc. is gearing up to list a futures contract for apple-juice concentrate, a molasses-like substance that is mixed with water to create the apple juice that lines most supermarket shelves. Plans for this financial instrument are being finalized as prices [...]
China Marine Food Group, Yuhe International, China New Borun, Feihe International, Zhongpin, Inventure Foods, Pilgrim’s Pride, Tyson Foods, General Mills and Kraft Foods are food stocks with up to 172% upside, based on analysts’ consensus estimates of 12-month price targets. According to the Food and Agriculture Organization, food prices witnessed unprecedented spikes worldwide in the last year. The FAO Food Price Index rose 37% since [...]
