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Tyson Foods Boosted By Exports, Reveals Value-Added Future in Earnings Call

Tyson Foods was cautiously optimistic about its near-term prospects during an earnings call Friday, as it revealed a strategy to better supply the foodservice industry.

By Staff Reporter

Indonesia Uncertain About U.S.-Supported TPP, Others Considering

Indonesia has expressed reticence towards joining the Trans-Pacific Partnership (TPP), as the next development meeting looms a month away.
McDonald's Will Only Serve MSC-Approved Sustainable Fish

McDonald's has made a commitment to only serve seafood approved by the Marine Stewardship Council (MSC) at its American locations.
U.S. Trade Representative Ron Kirk To Quit End of February

Ron Kirk, who serves as United States Trade Representative, will step down at the end of this month. He was in charge of planning and advising American trade policy to President Barack Obama.
SodaStream Super Bowl Ad Banned by CBS [VIDEO]

Israel-based SodaStream, the maker of home self-carbonation machines that are gaining traction in the U.S. and worldwide, had its proposed Super Bowl advertisement rejected by CBS. The spot apparently was pulled for its negative reference to rivals Coca-Cola and PepsiCo.
InBev, Grupo Modelo Merger Halted by U.S. Justice Department

Anheuser-Busch InBev NV (ABI)'s $20.1 billion purchase of Grupo Modelo SAB was halted by a suit in federal court. AB InBev already owns shares of Modelo, but the deal would give total control to the beverage giant.
European Commission Recommends Anti-Dumping Measures Against U.S. Biofuels

Anti-dumping duties of 9.5 percent on U.S. biofuels have been recommended by the European Commission, the executive body of the European Union. Ethanol imports were found to negatively affect the EU bioethanol industry.
U.S. Trade Deficit Grows, Food Exports Decrease

The U.S. notched a 15.8 percent higher trade deficit in November, with exports worth $182.6 billion versus imports of $231.3 billion. All told, the goods and services deficit was $48.7 billion compared with $42.1 billion in October.
Russia's U.S. Meat Import Ban Begins February 11

Meat from the United States is set to be barred from Russia, due to usage of a drug in cattle feed. Ractopamine, as the substance is called, helps to promote lean meat development in livestock.
Japan Easing Decade-Long Ban on American Beef Imports

A ban on U.S. beef imports in place since "mad cow disease" outbreaks in 2003 has been eased by the Japanese Ministry of Agriculture, Forestry and Fisheries. The change will take effect on Monday, January 28.
Deep-Fried Foods Consumption May Increase Risk of Prostate Cancer: Study

Men who often consume deep fried foods such as donuts, French fries and fried chicken, are more at risk of prostate cancer, a new study found.
Two New Jersey Men Sue Subway for Short Footlongs

Subway has come under fire recently after a flurry of photos emerged on social media from disgruntled customers who complained that their footlongs were an inch too short.
Tough Times Leads to Increased High-Calorie Food Intake: Study

Difficult economic times can cause people to gain weight, according to a new study published in Psychological Science, a journal of the Association for Psychological Science.
European Airlines with the Best Food

Skyscanner has released its second annual study of the best on-board food. Pegasus Airlines, SAS and KLM have been rated as the best European airlines.
Report Questions U.S. Food Stamp Program's Effectiveness

A report by a panel of experts released on Thursday questioned whether the U.S. government's food stamp program adequately provides for healthy diets for the more than 47 million low-income people who rely on the benefit.