USDA Issues Recommended Decision Proposing Amendments to all Eleven Federal Milk Marketing Orders

The U.S. Department of Agriculture (USDA) issued a Recommended Decision on its website proposing to amend the uniform pricing formulas applicable in all 11 Federal milk marketing orders (FMMOs). The Recommended Decision follows a 49-day national hearing held from August 23, 2023, to January 30, 2024, in Carmel, Indiana, where USDA heard testimony and received evidence on 21 proposals from the dairy industry. 

CAOBISCO Leadership Announcement: Can Buharali Elected as President

CAOBISCO welcomed Mr. Can Buharali (Mondelez International) as the President, and Mr. Aldo Crisitano (Ferrero) and Mr. Tobias Bachmüller (Katjes Fassin GmbH & Co. KG) as the two Vice Presidents.

FMI Bytes: Indulge in Health the Rise of Flavored Yogurt

The anticipated global market size for flavored yogurt is expected to reach USD 37,523 million by 2024. Over the forecast period, the industry is projected to grow steadily at a 5.7% compound annual growth rate (CAGR). By 2034, sales of flavored yogurt worldwide are forecasted to achieve USD 65,268 million.

Cibao Meat Products Increases Cash Flow, Saves Time with Slingshot

July 5, 2024 Slingshot

The third generation to lead the company, Heinz Vieluf Jr, President of Cibao Meat Products, is a futurist who has always been fascinated by technology. A proponent of continuous improvement, whether it’s utilizing robotics, automation, or software, Heinz regularly evaluates emerging technologies that could improve his company’s processes.

Mama’s Creations Joins the Russell 2000 and Russell 3000® Indexes

Mama’s Creations, Inc., a leading national marketer and manufacturer of fresh Deli prepared foods, announced that the Company’s common stock was added to the Russell 2000® and Russell 3000® Indexes after the market closed on June 28, 2024.