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PepsiCo Grows Across Asia - New R&D Center for Food and Beverages Opened in Shanghai
Analysis: Nervous Farmers Scramble For Corn Seed After Drought
Ohio farmer Rob Joslin is not taking chances with his corn seed, despite assurances that seed companies emerged from this summer's devastating drought with adequate supplies.Joslin, who grows corn and soybeans in western Ohio, began buying seed in August, months earlier than usual, to lock in the best-yielding varieties. Farmers are "concerned about getting their seed varieties, especially corn," he said. "It may not be there come December 1." Cuban Coffee Farms Damaged by Hurricane Sandy
Hurricane Sandy destroys coffee farms in Cuba. The prices of coffee Arabica and Robusta have been affected. Storm Damages Crops in Haiti, Fueling Food Price Woes
Extensive damage to crops throughout the southern third of the country, as well as the high potential for a spike in cases of cholera and other water-borne diseases, could mean Haiti will see the deadliest effects of Sandy in the coming days and weeks. Salmonella Outbreak from Poultry has Ended: CDC Report
A multi-state salmonella outbreak has finally come to an end: The Center for Disease Control reports Peanut Butter Prices Likely to Fall; Farmers Expect Good Crop
Prices of peanuts and peanut-based products, including the much loved peanut butter, are likely to fall. The country is seeing a good peanut output this year. Energy Drinks Contain more Caffeine than Listed: Report
Popular energy drinks do not list caffeine levels to keep their recipe a secret, reveals a study. Moreover, no rule by the FDA forces them to do so. Senator Boxer, 500 Restaurateurs Plead for Action against Fish Fraud
California Senator Barbara Boxer urges the FDA to take action against fish fraud in the country. Meanwhile, 500 restaurateurs have signed and sent a petition to the Congress to put a stopper to fish mislabeling. Analysis: Americans to Face Tougher 2013 on Rising Prices, Taxes
Consumers will have to dig deeper into their pockets next year to pay for costlier healthcare, more expensive grocery bills and higher taxes, an extra drag on the country's already slow-moving economy. Meat Consumption Fell in 2011: Report
Meat consumption fell slightly in 2011, says a new report by Worldwatch Institute. Meat consumption fell in 2011 due to drought and diseases affecting livestock, a new report by Worldwatch Institute states. Film Shows Food as Therapy for Two Holocaust Survivors
Scenes from the new documentary about two octogenarian friends living together in Berlin are warm, but the hunger to learn more about their past as Holocaust survivors creates a suspenseful undercurrent throughout the film California Dairies in Peril
Dairies in California are shutting down due to rising feed costs and lower milk prices. The dairy industry in California has been snowed under by problems during the last few years. Traffic Light Labeling System to be Introduced in UK
A consistent labeling system will be adopted in the UK from next year. With the help of color codes, food labels will tell consumers how much calories and fat, salt, sugar content is in a particular food product. The nutritional information will be clearly displayed on the front of the pack of food. Gluten-Free Food Market Hits $4.2B
The gluten-free food market earns revenue of $4.2 billion this year. The figure indicates huge growth in the market for gluten-free food. According to a report by Packaged Facts, the market has seen a growth of 28 percent between 2008 and 2012. PepsiCo Sells 51 Percent Stake in Vietnam Beverage Business
PepsiCo (PEP.N) said Japanese beverage company Suntory Holdings Ltd will acquire a 51 percent equity stake in the company's beverage business in Vietnam.
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