General Mills said on Tuesday it would record a charge of about $70 million in its current quarter, mainly reflecting severance expenses, as part of the Cheerios cereal maker's restructuring efforts.
Food manufacturing
General Mills restructures as company deals with choppy demand
Judge approves $500 million settlement in bread price fixing class action
An Ontario superior court judge has approved a $500 million settlement in a class action suit related to a bread price fixing scheme.
Drake Meats to build new facility
Saskatchewan meat company Drake Meats Processors Inc. will be building a new meat processing facility in Saskatoon that is expected to employ 200 local people once fully operational.
Groceries in Canada: Price fixing our daily bread
Canada’s lack of grocery competition is pushing the price of keeping food on the table out of reach for Canadians
Lack of competition among Canada’s grocery companies is making food prices unaffordable for Canadians.
Canadian dairy needs winds of change
Now is the time for Canadian dairy’s supply management to get a reboot geared towards economic growth
Now is the time for Canadian dairy’s supply management to get a reboot geared towards economic growth.
Manitoba student to study beer building blocks overseas
Kendal Giesbrecht of Brandon University is one of 250 students headed for research opportunities in Germany; Giesbrecht’s will look at amino acid release in beer
Kendal Giesbrecht of Brandon University is one of 250 students headed for research opportunities in Germany; Giesbrecht’s will look at amino acid release in beer.
Counter tariffs hurting Canada’s food economy
The Canadian government’s take on the U.S. trade war will have serious unintended consequences for food manufacturers
The Canadian government’s take on the U.S. trade war will have serious unintended consequences for food manufacturers
Packaged food giant PepsiCo cuts profit forecast as tariffs set to drive up costs
Nestle beats quarterly sales estimates, says indirect tariff impact ‘unclear’
Packaged food giant PepsiCo has cut its annual profit forecast as tariffs are set to drive up production costs and demand remains uncertain. Nestle says it has beaten its first quarter sales growth expectations and tariff effects are unclear.
U.S. grain trader ADM appoints Cuddy as President, North America
U.S. grain trader Archer Daniels Midland Co has appointed Christopher Cuddy as president for North America, according to a source and an internal memo seen by Reuters on Wednesday.
Strong year predicted for Canadian dairy products, meat processors expect squeeze
It's projected to be a strong year for dairy product makers, while meat product manufacturers' margins may be squeezed as rising prices fail to offset higher input costs, Farm Credit Canada (FCC) said in its new Food and Beverage Report.
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