ConAgra Foods, Inc. (NYSE: CAG) has announced the completion of two separate divestitures: the sale of its JM Swank business to Platinum Equity and the sale of its Spicetec Flavors & Seasonings business to Givaudan.
As Americans continue to diverge from a traditional three-meals-a-day eating schedule, more are seeking healthy snack options throughout the day, and customers are willing to pay more for high quality healthy snacks.
Today, the House of Representatives passed S. 764, the Roberts-Stabenow Agreement, with bipartisan support. Tom Dempsey, President & CEO, SNAC International praised the membership for their hard work in getting this legislation passed.
The FAO Food Price Index averaged 163.4 points in June 2016, 6.6 points (4.2 percent) higher than in May. Not only did the June increase mark the fifth consecutive monthly rise, but it also represented the largest monthly increase in the past four years.