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Corn prices drop on South American weather

Recap for October 7 Wheat futures were mixed Thursday, with winter wheat mostly lower on concerns US exporters will struggle to compete with overseas suppliers, but a shortage of high-protein hard red spring wheat boosted spring wheat futures. Corn futures hit a one-week low in early trading before bouncing back to end slightly higher on the day as investors squared positions ahead of next week’s updated harvest forecast from the US Department of Agriculture. Signals of good export demand for US soybeans sent soybean and . . . ....

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Hain Celestial shares slide as it trims guidance despite 'sequential improvement'

Hain Celestial shares tumbled yesterday to their lowest point in at least five years after the company dropped its fiscal ’24 guidance and reported an unadjusted loss in its second quarter despite a “sequential improvement” in top and bottom-line performance from the first quarter. ....

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Crystal Light feature brand refresh with new functional product line, enters mocktail category

The new year sparks a refresh not only for consumers but also for Kraft-Heinz’s powdered flavor enhancer, Crystal Light, which introduced a new logo, typography, photography and packaging to coincide with its new functional product lines inspired by consumer demand for better-for-you products that also taste great. ....

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Bunge transformation continues; earnings climb 39%

Market dynamic expected to be different in 2024. ....

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Tyson Foods focusing on foodservice business recovery

Prepared Foods unit working to regain business lost during the pandemic. ....

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