Even though Bloomberg claims that GMOs are safe — something that the organic industry does not agree with — it slams the USDA’s proposed GMO-labeling standards and insinuates that they are ‘propaganda’ and potentially ‘misleading.’
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Even though Bloomberg claims that GMOs are safe — something that the organic industry does not agree with — it slams the USDA’s proposed GMO-labeling standards and insinuates that they are ‘propaganda’ and potentially ‘misleading.’
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It has been reported that Danone will divest organic produce company Earthbound Farm, with a rumored price tag of $500M.
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Armed with more than $400M in funding, Boston-based Indigo is hoping that its microbes will reduce or even eliminate the use of synthetic pesticides and fertilizers, as well as GMOs.
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As consumers move away from artificial and synthetic flavors, the demand for organic and natural ones is booming — and Naturex is a beneficiary of this trend.
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In a strategic move to challenge Blue Apron’s dominance in the U.S. market, Germany’s HelloFresh has purchased Boulder-based Green Chef.
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Sun Basket, a meal kit delivery service which uses organic and sustainable ingredients, has just raised $58 million from August Capital and others.
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As food sales continue to move online, supermarkets across the country are rushing to enlist start-ups such as Instacart and Shipt.
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Bell & Evans, a supplier to Whole Foods Market, is in the process of tripling its capacity in order to meet the explosive demand for organic chicken.
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What being acquired will do to a company — Whole Foods is now on track to grow at the fastest rate in several years.
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Some organic farmers are already seeing price decreases in their crops and an unwillingness of buyers to enter into long-term contracts.
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Whole Foods has slashed prices on some food items by up to 43%, with organic apples, organic avocados, and organic chicken as the big beneficiaries.
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The EU has decided to launch an investigation into whether the Monsanto-Bayer merger will reduce competition for pesticides, seeds and plant traits, and it has set a January 8th deadline to make a decision.
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Keith Meister’s Corvex Management has taken a large stake in Danone, the owner of WhiteWave, and will most likely agitate for a sale of the company.
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While Whole Foods sought to differentiate itself with its high standards for chicken, competitors have since followed suit and raised their standards as well, offering similar products.
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In next year’s Farm Bill, Rep. Earl Blumenauer (D-OR) is seeking to include a ban on neonicotinoid pesticides, the chemicals that many people believe are responsible for the decline in the bee population.
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With the filing of a proxy statement, we learned that Albertson’s and four private equity firms all expressed interest in the company. Additionally, Whole Foods unsuccessfully sought $45 per share from Amazon.
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Activist investors agitating for change at organic food companies seems to be a trend these days. This time, Engaged Capital is pushing for change at Hain Celestial.
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The case against Syngenta for carelessly marketing its GMO-seeds was so convincing that a Kansas jury awarded farmers full damages as well.
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It wasn’t long ago when there were serious concerns about shortages of organic milk. Now, there is an opposite worry, where demand is much less than supply.
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According to Bloomberg, preliminary merger talks between Albertsons and organic grocer Sprouts have been held. If this deal does go through, this could spur a private equity firm to make a play for Whole Foods.
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Aldi is spending $1.6 billion to go after Whole Foods and Sprouts. The chain also saw 54% growth in its organic private-label brand, SimplyNature.
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The venture capital arm of General Mills, 301 Inc., led a $6 million round in organic kale chip company Rhythm Superfoods. The Austin-based producer of organic snacks is on track to do $20 million in revenues this year.
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Entrepreneur Kimbal Musk and Chef Dan Barber clashed over the direction of food — one that requires soil and one that doesn’t.
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After a year of waiting, consumers will now be able to purchase an organic version of the well-known sports drink Gatorade. Expect plenty of sugar, however.
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