Maker of Spam Grows With Deals, Ideas
Austin, Minn. — Consumers are becoming more leery of processed foods, yet Spam is still plugging along. Hormel Foods Corp. is even introducing a dried, bite-size snack version of the 78-year-old paragon of processing. At the same time, Hormel is crossing a new meat frontier — organic and natural — with its recent $775 million purchase of Applegate Farms. While Spam Snacks is a small bet and Applegate Farms a big one, they represent...
Butter Industry-Funded Study Finds Out Butter Is Bad for You
Last month, something unusual happened in the food industry. The Danish Dairy Research Foundation, likely in hopes of boosting butter’s regard, funded a study about the popular lipid. But when the research was delivered, it didn’t exactly paint butter in a favorable light. The study’s findings, published in the American Journal of Clinical Nutrition, established that even moderate levels of butter consumption could result in higher...
Vt. Speaker Mulls Campaign
Montpelier — An oversupply of milk is bringing down prices in the Northeast and driving large dairy cooperatives to dump their product in manure pits, experts say. Although low prices for milk products can be a short-term positive for consumers, the low prices are causing a hard time for farmers who otherwise enjoyed the benefits of record high milk prices for the past five years. That’s according to Doug Dimento, a spokesperson for...
